The US' Treasury Secretary Thinks Automation of Jobs is 50 to 100 More Years Away

The topic of automation of jobs is a source of much debate in the business world. People are worried about how many jobs will be lost to the advancement of AI, however, a recent study made PwC also added that this new technology would create new professions in the process. Yet, if the United States' Treasury Secretary, Steve Mnuchin, is to be believed the US doesn't think that its a matter worth worry about at the moment and believes that it's "50 to 100 more years away." While talking to Axios' Mike Allen on Friday, the Treasury Secretary was asked to address to concerns of people like Mark Cuban and Elon Musk regarding the potential loss of jobs to automation. His response confirmed that it isn't something this current administration is very concerned about. "We had an Axios event the other day with Mark Cuban who was very focused on artificial intelligence and how that was going to affect the workforce," Allen divulged.