VC Founder Predicts AI Will Take 50% Of All Human Jobs Within 10 Years (cnbc.com)

An anonymous reader quotes CNBC: 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 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"...

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. "These are things that are superhuman, and we think this will be in every industry, will probably replace 50% of human jobs, create a huge amount of wealth for mankind and wipe out poverty," Lee said, later adding that he expected that displacement to occur in the next 10 years.

Comments

Bullshit

[JustAnotherOldGuy]

"Robots are likely to replace 50 percent of all jobs in the next decade, according to Kai-Fu Lee"

Bullshit. It's unlikely in the extreme that half of all jobs will be taken by robots in 10 years. It'll take at least 12 or 15years before that happens.

My prediction

[140Mandak262Jamuna]

Over the next decade, more than 50% of the wealth of the venture capitalists will be eaten by people peddling AI technologies.

Re: Sooner, or later

[easyTree]

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