Artificial intelligence to take over half of all jobs in next decade – China's top techie

AI is the "singular thing that will be larger than all of human tech revolutions added together, including electricity, the industrial revolution, the internet, mobile internet - because AI is pervasive," the technologist said at the Global Mobile Internet Conference in Beijing as quoted by CNBC. According to Lee, AI represents the decision engine that would replace people. The tech expert stressed that its capabilities far exceed those of humanity. The corporations, which Sinovation Ventures has invested in, can accomplish feats such as recognizing three million faces simultaneously or dispersing loans in eight seconds. "These are things that are superhuman, and we think this will be in every industry, will probably replace 50 percent of human jobs, create an huge amount of wealth for mankind and wipe out poverty," Lee said.