Artificial Intelligence is no more a fictional term limited to just novels and books. We are living in the era in which AI is transforming our lives. Automation of jobs and humans going jobless is the most important concern social and computer scientists are pondering upon as AI makes its way across the globe in human lives. Art Bilger, an expert at the Wharton School of Business at the University of Pennsylvania, says that over the next 25 years, over 47% of the jobs will be no more, thanks to the rise of robots, artificial intelligence and machine learning. The professions which are more risky in these times, according to Bilger are: Accountants, doctors, lawyers, teachers, bureaucrats, and financial analysts, as computing algorithms and machines will easily be able to do these jobs, rather more efficiently.
AI taking away jobs marks the biggest seismic shift after the industrial revolution. At the dawn of the Industrial Revolution and automation, thousands of jobs were lost, but hundreds of thousands of new ones were created. For example, when looming industry started, weavers went out of work, but they …read more