Artificial Intelligence: AI is a Job Engine, not a Job Killer

In the small-minded, fear-ridden debate about AI, I think one aspect in particular has gotten short shrift: AI will be critical to the further development of gross domestic product (GDP). The average worldwide growth of 3.5 percent per year is bound to end in the foreseeable future due to demographic trends. Our economies must be transformed. We can do this successfully with the help of AI technologies and a working populace whose activity is not primarily labor-intensive, but skill-intensive, creating value on the basis of qualifications and productivity. Countries or companies who wish to succeed in today's world must make their economies fit for the future.