Artificial intelligence will replace 2.5 billion jobs over the next decade Access AI

Artificial intelligence will replace half of all jobs over the next 10 years. This was the extraordinary forecast from one of China's leading tech commentators and founder of venture capital firm Sinovation Ventures, Kai-Fu Lee, who was speaking to CNBC this week. Lee, who has investments in over 300 companies, has been described by as something of an'Oracle' when it comes to predicting the impact technology will have on humanity, accumulating more than 50 million follows on Chinese social network platforms. Speaking to CNBC, the technologist described AI as a "singular thing" that will be "larger than all of human tech revolutions added together, including electricity, [the] industrial revolution, internet, mobile internet -- because AI is pervasive." His comments mirror those made recently at Mobile World Cogresss in Barcelona, in which Intel SVP platform engineering Amir Faintuch described AI as being as big as the invention of the wheel and discovery of fire. Lee added: "It is the decision engine that will replace people," Lee said, adding that AI capabilities far exceed those of humanity.