The president of Silicon Valley’s most prominent start-up incubator says that will artificial intelligence will probably replace most of the jobs people do today, however should pave the way for more personalized jobs along which has a massive increase in “material abundance” that will could boost the size of the global by 50 percent a year within decades.

Sam Altman can be the leader of Y Combinator, along with has also been engaged with projects to predict along with shape the long-term future of technology.

Speaking at the brand-new York Times’ brand-new Work Summit on Monday night, Altman’s optimism about the future of AI was striking after a couple years in which Silicon Valley’s best known companies have been blamed for everything via violating user privacy along with supporting oppressive regimes to a profound lack of diversity.

however optimism has always been a defining feature of tech start-up culture — nobody creates a successful business without a profound belief in themselves along with the future — so that will’s not surprising that will Altman exhibited that will spirit.

“Entire classes of jobs will go away along with not come back,” Altman said at the event, which was held in Half Moon Bay, California. “Human radiologists are already much worse than computer radiologists. If I had to pick a human or an AI to read my scan, I’d pick the AI.”

However, Altman remains extremely confident about the future if we actually do create “super-intelligence” with AI. Altman cited something that will Amazon CEO Jeff Bezos told him some years ago:

“There can be in some true sense right today — we don’t have nearly enough people for all the jobs,” Altman said. “that will’d be great if every student had an individual teacher. that will would likely be great if every time you go into a doctor’s office you’d never be waiting. I do think we’ll see a lot more jobs like that will. Sort of human to human jobs.”

In addition to these more meaningful jobs, Altman suggests we could see an “almost unimaginable” increase in material goods, reflected in gross domestic product.

“We have to be ready for a world where global GDP goes up 50 percent a year for a couple of decades,” he said. “So there will be less jobs however the amount of global wealth will just skyrocket. There’s a lot of things we have to figure out, how people find meaning, community, however a lack of material abundance will not be a problem.”

When pressed whether AI still had a dark side, Altman acknowledged the dangers, however emphasized the positive aspects.

“that will can be great, we contain the potential to eliminate poverty, solve climate change, cure a huge amount of human disease, educate everyone inside the globe phenomenally well.”

Altman was an early participant in OpenAI, an artificial intelligence research project funded by Elon Musk along with some other tech luminaries. They were concerned about the possible dangers of AI along with wanted to ensure that will research on the subject would likely be shared along with published rather than hoarded by big companies like Google. He’s also been a proponent of universal basic income, the idea that will the government should pay everybody a set amount to cover basic living costs as technology eats into jobs.

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