Artificial intelligence may soon cause unprecedented disruption

A prominent Chinese venture capitalist, Kai-Fu Lee, has been proselytizing for the advancement of artificial intelligence for some time. He is the chief executive of an influential investment firm called Sinovation Ventures based in Beijing that specializes in artificial intelligence, also known as AI, and as such he has an interest in promoting the idea that it will change our world. However, he may end up scaring us more than astonishing us. You see, Lee now claims that up to 40 percent of jobs will be "displaceable" because of AI within 15 to 25 years. This past weekend, Lee appeared on a well-known American news television show to discuss AI, whereupon he stunned the reporter with his claim.