PwC's global chairman says we'll see 'that scenario of a negative growth rate' if we don't deal with job-killing robots

Enjoy it while it lasts. US Treasury Secretary Steven Mnuchin may think artificial intelligence (AI) isn't going to start taking humans' jobs for 50 to 100 years, but most experts believe a revolution in automation is coming far sooner, promising massive increases in efficiency -- and job losses on a huge scale. A recent study put out by PwC estimated that as many as 30% of UK jobs could be "susceptible to automation by robots and AI" by the early 2030s -- with 38% in the US at risk, 35% in Germany, and 21% in Japan -- although it believes jobs will be created elsewhere in the economy to help offset this. Are we doing enough to prepare? Absolutely not, says Bob Moritz, global chairman of consultancy firm PwC.