Gnomes predict AI to cause 7 million job losses……….#technology

artificial-intelligenceIn the U.K today salaries have barely risen in real terms in the last decade & despite decreasing unemployment many find themselves in the precarious position of holding short term contracts with minimal security.

It is hardly surprising that the introduction of Artificial Intelligence & automated technology fills many with dread.

The subject was recently discussed in Davos at the annual WEF meeting & the World Economics Forum predict a total loss of 7.1 million jobs, offset by a gain of 2 million new positions. (in 15 leading countries)

Like all new technologies there will be gainers & losers, most of the job losses will be in customer service industries & healthcare whereas the 2 million jobs will be mainly highly paid engineering & scientific roles to deliver these new technologies.

Of course none of this is inevitable. ‘The Future’ is not a destination which already exists & to which we travel inexorably. We all create the future & it is largely a result of the political & ideological choices we make on the journey.

Happy 2017.

chris@amberhill.biz

www.amberhill-associates.com

 

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