30/04/17

Technologist: Robots Will Take Over 50% Of All Jobs In The Next Decade [feedly]



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Technologist: Robots Will Take Over 50% Of All Jobs In The Next Decade
// Silver For The People

InvestmentWatchinvestmentwatchblog.com / BY · PUBLISHED

CNBC reports:

Robots are likely to replace 50 percent of all jobs in the next decade, according to Kai-Fu Lee, founder of venture capital firm Sinovation Ventures and a top voice on tech in China.

Artificial intelligence (AI) is the wave of the future, the influential technologist told CNBC, calling it the "singular thing that will be larger than all of human tech revolutions added together, including electricity, [the] industrial revolution, internet, mobile internet — because AI is pervasive."

"It is the decision engine that will replace people," Lee said, adding that AI capabilities far exceed those of humanity.

For example, he said, companies in which his firm has invested can accomplish feats such as recognizing 3 million faces at the same time, or dispersing loans in eight seconds.

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The post Technologist: Robots Will Take Over 50% Of All Jobs In The Next Decade appeared first on Silver For The People.


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