Y Combinator CEO: AI will replace jobs, but life will be awesome

What will artificial intelligence mean for the job market? That's a question that's been met with a lot of pessimism -- from predictions of a collapse of the global economy to soaring mass unemployment. But Silicon Valley start-up incubator Y Combinator president Sam Altman has a far more positive take on the issue. AI might well replace most jobs as we know them today, he said during the New York Times' New Work Summit on Monday evening in New York, but the market will be flooded with new "human to human jobs" -- and we'll all reap the benefits. We'll also all have access to incredible healthcare, Altman believes. "Entire classes of jobs will go away and not come back," Altman said, arguing that human radiologists are becoming increasingly less reliable than computer algorithms.