'artificial intelligence will have positive, dynamic effects,' linkedin's (lnkd) hoffman says

NEW YORK (TheStreet) --As tech titans and media moguls gather in Idaho's Sun Valley, CNBC's Julia Boorstin sat down with LinkedIn (LNKD) co-founder Reid Hoffman to discuss the future of artificial intelligence today on "Closing Bell." "I think artificial intelligence is going to be transforming massive swaths of the area of work in the economy. Ten to twenty years from now if you're going to be an effective lawyer, doctor, or financial analyst, it will be in part your ability to use the technological implements, loosely going under the name of artificial intelligence," Hoffman explained. "I believe it could have very positive effects, but it does have very dynamic effects. Jobs will be going away and we have got to focus on entrepreneurship and creating new jobs. However, the jobs that do exist will be technology enabled and part of the skill set is having the necessary technology skills," Hoffman said.