Artificial intelligence, whether it’s an application of machine learning or some new technology altogether, is poised to shatter the global economy.
Kai-Fu Lee, a venture capitalist who used to develop artificial intelligence for both Microsoft and Google, told CBS’ 60 Minutes that AI will displace 40 percent of the world’s workers within 15 years.
“I believe [AI] is going to change the world more than anything in the history of mankind,” Lee told CBS. “More than electricity.”
ut in his most recent book, “AI Superpowers: China, Silicon Valley, and the New World Order,” Lee arguesthat AI displacement will be fundamentally different.
In a November interview with Futurism, Lee explained that AI will allow entire new industries to be built from the ground up with automation in mind — not only will AI prove cheaper than human employees, but many of the new jobs it creates will be automated as well.
