Expert: A.I. to replace 40% of global jobs
In as soon as 15 years, 40 percent of the world’s jobs could be done by machines, according to one of the world’s foremost experts on artificial intelligence. Kai Fu Lee, a pioneer in AI and venture capitalist based in China makes this prediction in a Scott Pelley report about AI on the next edition of 60 Minutes, Sunday, Jan. 13 at 7 p.m., ET/PT on CBS.
“AI will increasingly replace repetitive jobs, not just for blue-collar work, but a lot of white-collar work,” says Lee. “Chauffeurs, truck drivers, anyone who does driving for a living– their jobs will be disrupted more in the 15-25 year time frame,” he tells Pelley. “Many jobs that seem a little bit complex, chef, waiter, a lot of things will become automated … stores … restaurants, and altogether in 15 years, that’s going to displace about 40 percent of the jobs in the world.” When pressed by Pelley about 40 percent of jobs being displaced, Lee says the jobs will be, “displaceable.”
“I believe [AI] is going to change the world more than anything in the history of mankind. More than electricity,” says Lee.
One of the biggest changes will be in education. Lee is financing companies that are installing AI systems in remote classrooms across China to improve learning for students far from the country’s growing cities. The AI-system is being designed to gauge student interest and intelligence by subject.