Artificial Intelligence Will Affect Employers Before It Affects Employment

Artificial intelligence (AI) is no longer the stuff of science fiction; it is here, and it is real. We at PwC project that AI will contribute an additional US$15.7 trillion to global GDP by 2030, an increase of 14%. The greatest economic gains will be in China and North America accounting for almost 70% of the global economic impact. Yes, robots will take some human jobs--especially those that involve repetitive tasks--but that's not the whole story. AI promises to enhance the way we live and work and, if introduced properly, offset jobs lost with new, more fulfilling ones.