Business leaders urge new thinking in age of artificial intelligence

It's no secret that automated machines and robots are rapidly replacing human workers. In Europe, concerns about the loss of good-paying jobs to automation is so strong that the idea of a universal basic income is gaining traction. France, for one example, could lose three million jobs by 2025 due to automation, a former education minister campaigning for the French presidency has argued. The topic has been front of mind this week for participants at the World Economic Forum's annual summit in Davos, Switzerland. There, CBS News asked business leaders to look past the hope and hype of artifical intelligence and reflect on the negatives of automation.