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Are robots the key to reducing unemployment?
With the rise of robots, machine learning (ML) and artificial intelligence (AI), the employees of today are in panic mode about the state of their future career prospects. Will they have a job in 20 years' timeโฆ 10 years' timeโฆ or even next year? The spectre of an apocalyptic, dwindling future workforce is terrifying for most people, especially in Africa, which is traditionally manpower-centric. But, the reality is that these super-intelligent machines and robots might well be doing humankind a massive favour. "Machine learning will enable technology to replace the work of hands and the workplace of the future will probably include much more head-work," says Deserรฉ Orrill, chairman of data-led marketing company Ole!Connect.
Future of Jobs: Are robots and AI key to reducing unemployment?
Artificial Intelligence (AI), robotics and other forms of smart automation have revolutionised the present and future of work. These technologies have the potential to bring great economic benefits, contributing up to $15 trillion to global GDP by 2030, according to a PwC report on the impact of automation. The UAE has been at the forefront of using AI to streamline processes through its National Artificial Intelligence Strategy 2031. The country appointed the world's first Minister of State for Artificial Intelligence in 2017. Last week, UAE capital Abu Dhabi announced the establishment of the Mohammad Bin Zayed University of Artificial Intelligence, the first graduate level, research-based artificial intelligence university in the world.