So as promised before….. we will explore on the plausible risks and dangers posed by an AI powered economy……
UNEMPLOYMENT – Impact on the job market
High level estimates say that AI and automation could affect or eliminate one-quarter of United States jobs. As AI evolves and more tasks fall into the category of things that can be easily automated, entire job industries could disappear. Jobs in manufacturing, agriculture, food service, retail, transportation, logistics, and hospitality tend to top the list of industries likely to be affected by automation.
Technology-driven societal changes like what we are experiencing with AI and automation always engender concern and fear – and for a good reason. Atwo-year study from McKinsey Global Institutesuggests that by 2030, intelligent agents and robots could replace as much as 30 percent of the world’s current human labor
Added to that, Automation will also…
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