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Artificial Intelligence: AI is a Job Engine, not a Job Killer

#artificialintelligence

In the small-minded, fear-ridden debate about AI, I think one aspect in particular has gotten short shrift: AI will be critical to the further development of gross domestic product (GDP). The average worldwide growth of 3.5 percent per year is bound to end in the foreseeable future due to demographic trends. Our economies must be transformed. We can do this successfully with the help of AI technologies and a working populace whose activity is not primarily labor-intensive, but skill-intensive, creating value on the basis of qualifications and productivity. Countries or companies who wish to succeed in today's world must make their economies fit for the future.


AI is a job engine, not a job killer

#artificialintelligence

Assembly robots that build things on their own without having to be programmed for it. Trains or wind turbines that request maintenance work on the basis of operating data and artificial intelligence (AI), which can predict their behavior better than the engineers who developed and built them. This development is an opportunity if we come up with ideas for shaping it in a positive way and turning AI into a job engine. There is no question that the ascendancy of AI will further change the world of work. Leading market research institutions are unanimous in their estimation that up to 50 percent of most activities can be automated.