OpenAI investor Vinod Khosla predicts today’s five year olds won’t ever need to get jobs thanks to AI

Billionaire investor Vinod Khosla sees an AI-powered labor transformation so massive it will eliminate the need for today’s five year olds to have jobs.

In an interview with Fortune Editor in Chief Alyson Shontell on the Titans and Disruptors of Industry podcast, Khosla said AI will be capable of performing 80% of all jobs—from physicians to radiologists, accountants to salespeople. This massive AI displacement would essentially narrow labor costs to zero, also making goods and services much less expensive.