Odaily Planet Daily News Mechanism Capital co-founder Andrew Kang said that mass unemployment caused by AI may become the biggest economic risk next year. He pointed out that AI technology is developing at an exponential rate and has profoundly affected many industries. With the advent of large language models with reasoning capabilities, most jobs may be at risk of being replaced by AI. He specifically mentioned the efforts of companies such as Figure to give AI a physical form, believing that this will completely change the field that relies on human labor. In addition, while AI may reduce corporate costs in the short term, it may trigger a wave of unemployment and hit consumption in the long run. He believes that universal basic income (UBI) may be a solution, but its implementation faces political challenges. Kang emphasized that although he hopes that AI will benefit mankind, the problems brought about by its rapid development need to be solved urgently.

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