Artificial intelligence could end 40% of jobs in 15 years, says Chinese investor
- Jan 14, 2019
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Some important people have already spoken about the dangers of artificial intelligence. Last year, Elon Musk, CEO of Tesla, said that artificial intelligence is "far more dangerous than nuclear weapons." But a more frightening prediction caught the eye this week.
Chinese investor and IA expert Kai-fu Lee said that over the next 15 years, 40% of the world's jobs could be made by machines. "Artificial intelligence will increasingly replace repetitive work, not just manual labor, but also intellectual work," he told CBS. "Drivers, for example, will have their work redefined in the next 15 to 25 years," he said. He said, however, that machines will never be creative or capable of expressing empathy.
"I believe AI will change the world more than anything else in the history of mankind. Even more so than electricity, "he says. And what will this huge job replacement do to society, the interviewer asks Lee. "Well, in a way, there is a human wisdom that always surpasses technological revolutions. The invention of the steam engine, the sewing machine and the electricity also put an end to jobs. We get over it. The challenge is that AI should end up with 40% of jobs in 15 or 25 years, faster than previous revolutions. "
Lee is recognized as an authority on AI. He graduated from Columbia University, has a PhD from Carnegie Mellon and has developed the first independent voice recognition system. He has worked in major technology companies such as Apple, Microsoft and Google, and has recently released the bestselling AI Superpowers: China, Silicon Valley and the New World Order (Superpowers of Artificial Intelligence: China, Silvium Valley and the New World Order, free translation).
Now 57, he lives in Beijing and his focus is to help young Chinese people develop their studies and careers. Education is of great importance in the new setting, says Lee, who has funded companies that install artificial intelligence systems in classrooms.
The investor has frightening predictions about the potential impacts of technology on the lives of Chinese students and citizens. In the Asian country, 70% of the population uses smartphones regularly. The huge databases created from this help Chinese companies to develop AI. "China clearly has an advantage," says Lee.
Today, the United States is more advanced in technological research, but the scenario will change, and China will share that development over the next five years, the investor projects.