The SatsMate Stack

AI Moving Faster Than Ever: Claude Cowork, and the Job Displacement Wave!

Paul SatsMate Season 3 Episode 45

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0:00 | 13:51

Hey Satsmate Stackers, 

I hope you are all doing well! AI is moving at lightspeed currently, and Claude CoWork is able to perform countless tasks autonomously that individuals used to perform. The future is moving very fast, and it is key that we learn about these developments as they come, and lean into the change - or we risk losing our livelihoods. In this podcast, I go over what AI can do and the job displacement risks: 

  • We have heard so much about AI over the past couple of years, and often it has felt like a glorified search engine
  • Each iteration has made a decent leap forward, some like GPT 5, have felt like a step back
  • CoWork seems to be taking a massive step forward on many important tools we use all the time (like Excel, desktop organization, file management, and running activities while you aren’t there)
    • It can take care of a lot of the boring tasks that we don’t like to do, like taxes
    • Further, it can help with complicated expense reports, and one can shoot them pretty easily
    • Email and inbox management is something it can do as well, saving dozens of hours of our time
    • Report generation is also something it can do, and this is another white-collar activity that may be replaced in the future
    • Remote controlling your browser
  • What's crazy about this AI is that it can perform many actions on its own, without you there overnight
  • It is essentially working 24/7, and in the future, I can see this happening even more 
  • Leadership will ask themselves at these companies, can AI do this activity, or do we need to hire a headcount for it? 
  • Watch the Excel Claude plugin, for example - you don’t need to know any Excel formulas anymore
    • You can just type in natural language what you want to see, and the AI will perform all the technical stuff on the back-end
  • Think about this for any job on the computer, any specific software skill can be done by an AI now 
  • The future jobs will need a lot of human touchpoints
  • Many hands-on fields in the medical industry will remain insulated (nursing, caregiving, or PT/Therapy)
  • Teachers and leadership-related positions may be safe (albeit reduced to a certain extent)
  • Many lawyer positions, accounting, and software engineering - positions that have a lot of repeatable computer-related tasks are at risk
  • Now it is important to lean into skills that AI can’t replace, and build things now while the monopoly board is still somewhat open
  • Disruption is coming fast with what AI can do, if you don’t believe me - watch the AI Claude CoWork videos for yourself

If you like this, feel free to share it, leave a like or comment. Also, check out the links in the description that help support my channel and podcast.

Best Regards, 

SatsMate Stack

Referral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMate

Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG 

Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before inv

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