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Strategies & Market Trends : Universal basic income (UBI)
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From: Glenn Petersen1/10/2019 10:00:47 AM
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AI expert warns automation could take 40% of jobs by 2035

Axios
January 10, 2019



Delivery robots send dishes to tables at a hot pot restaurant in Beijing. Photo: Xinhua/Chen Junqing via Getty Images
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40% of the world’s jobs could be done by machines as soon as 15 years from now, one of the world’s foremost experts on artificial intelligence, venture capitalist Kai-Fu Lee, tells Scott Pelley on the coming edition of " 60 Minutes."

What he's saying: "AI will increasingly replace repetitive jobs, not just for blue collar work, but a lot of white collar work. ... Chauffeurs, truck drivers — anyone who does driving for a living — their jobs will be disrupted ... in the 15- to 25-year time frame."

"Many jobs that seem a little bit complex — chef, waiter, a lot of things — will [also] become automated," Lee continues.

    -- "I believe [AI] is going to change the world more than anything in the history of mankind. More than electricity."
I asked Axios future editor Steve LeVine how we should think about this.

    == "Mike, yes this is credible," Steve emails. "It's the baseline consensus."
    -- "The question then becomes can our societies train and retrain these workers — often in entirely different professions — fast enough to prevent a Gilded Age-style worker crisis."
    -- "Since we have barely begun even talking about this, there are doubts and profound worries."
Go deeper: How the robot revolution is changing our lives

axios.com
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