AI will replace 40% of jobs within 15 years

Forty percent of the world’s jobs could be done by machines in as soon as 15 years, according to a top expert on artificial intelligence (AI).

Kai Fu Lee, a pioneer in AI who also works in venture capital in China, told “60 Minutes” that a wide range of blue-collar and white-collar jobs will be overtaken by machines in the next two decades.

“AI will increasingly replace repetitive jobs, not just for blue-collar work, but a lot of white-collar work,” Lee, who has worked for Apple and Google, told CBS. “Chauffeurs, truck drivers, anyone who does driving for a living — their jobs will be disrupted more in the 15 to 25-year time frame.”

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Remember when Elon Musk, speaking at SXSW in March 2018, scared the dickens out of us by warning against artificial intelligence (AI)? “The danger of AI,” Musk stated, “is much greater than the danger of nuclear warheads … more dangerous than nukes.”

Now comes yet another worrisome prediction, this time from Chinese venture capitalist and the world’s foremost authority on AI, Kai-Fu Lee. In an interview to be aired this Sunday on 60 Minutes, Lee says that in as soon as 15 years, 40 percent of the world’s jobs could be done by machines.

Artificial intelligence, whether it’s an application of machine learning or some new technology altogether, is poised to shatter the global economy.

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Kai-Fu Lee, a venture capitalist who used to develop artificial intelligence for both Microsoft and Google, told CBS’ 60 Minutes that AI will displace 40 percent of the world’s workers within 15 years.

“I believe [AI] is going to change the world more than anything in the history of mankind,” Lee told CBS. “More than electricity.”

The question is, how fast will these jobs be lost to humans over these 15 years? If it creeps up to 40% little by little that still means we might see what, 5% at some point and then 10% and so forth?

Those are still big impacts on countless human being workers and their families.


h/t TheFiddledookieFunk