Software Company Counters AI Disruption on Labor Market with Non-Profit Solution
The World Economic Forum forecasts that more than 5 million jobs in 15 leading countries will be lost by 2020 as a result of the rapid increase of artificial intelligence and robots. But even more alarming are estimates from Bofa Merill Lynch Global Research reporting that AI automation currently accounts for about $14 trillion of disruptive impacts on manufacturing. This scale of invasion is already reflected in lower salaries and if not addressed will ultimately lead to full scale unemployment.
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