The Impact of Artificial Intelligence - Widespread Job Losses

#artificialintelligence 

Artificial intelligence (AI) is no longer a thing of science fiction, it exists in the world all around us, automating simple tasks and dramatically improving our lives. But as AI and automation becomes increasingly capable, how will this alternative labor source affect your future workforce? In this article, we'll take a look at both some optimistic and pessimistic views of the future of our jobs amidst increasing AI capabilities. A two-year study from McKinsey Global Institute suggests that by 2030, intelligent agents and robots could replace as much as 30 percent of the world's current human labor. McKinsey suggests that, in terms of scale, the automation revolution could rival the move away from agricultural labor during the 1900s in the United States and Europe, and more recently, the explosion of the Chinese labor economy.