No "significant" loss of jobs from Artificial Intelligence in China HRM Asia

Contrary to popular belief in China, Artificial Intelligence (AI) will not destroy as many jobs as they feared. In fact, more jobs could be created with the rise of AI, according to a report by The Chinese Academy of Social Sciences as well as consultancy firm PwC. The national think tank further added that during China's 14th Five-Year Plan, which starts in 2021, the rise of robots will not lead to "significant" job destruction. Read: Why Artificial Intelligence can't replace us China is the leading force in the global rise of AI, having installed 154,032 industrial robots in 2018 according to the International Federation of Robotics (IFR), more than the number of industrial robots installed in Europe and the Americas combined. Many restaurants, hotels and factories in China have already implemented the use of AI to serve its customers.