Artificial intelligence: opportunity or job-killer?

There is little doubt artificial intelligence (AI) will play a major role in the future of work – a future that has already begun. Think, for example, of self-driving cars, algorithmic stock market trading, or even computer-aided medical diagnosis. The rapid advances in AI have the potential to create new opportunities, higher productivity and better earnings, but there are also fears they could cause job losses and a rise in inequality, with a lucky few appropriating the benefits of AI while leaving others behind. So which way will it be? The answer is, we can be moderately optimistic, provided policy-makers and social partners adopt the right measures.