The impact of AI on jobs is larger than you think

In March this year, PWC released a report saying that 10 million UK jobs are at risk of being replaced by AI within 15 years. Prior to this in November 2016, the Bank of England said that AI posed a risk to almost half those employed in the UK and that a "third machine age" would hollow out the labour market, widening the gap between rich and poor. In a recent report the McKinsey Global Institute said that by 2025 AI will do the jobs of 140m knowledgeable and skilled workers globally. Let's not forget the truck drivers. In his speech at Harvard University recently, Mark Zuckerberg said that his generation will have to deal with "tens of millions" of jobs replaced by self-driving cars and trucks. In late May 2017, the International Transport Forum published a report warning that of the 6.4 million professional drivers that are projected to be needed in the US and Europe by 2030, that 4.4 million will be replaced by self-driving trucks.