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Artificial intelligence will take jobs, but it’ll also create new ones
In a recent survey conducted by Quartz, more than 1,600 respondents in 84 countries said that half of positions would be made redundant by automation in the next five years. A separate survey conducted by Gallup in the U.S. found that 75 percent of adults believe AI will “eliminate more jobs than it creates.”
This week, a study published by PricewaterhouseCoopers (PwC) suggested that by 2037 in the U.K., widespread adoption of AI could generate more jobs than it displaces. The health care market alone stands to grow by 1 million (about a fifth of its existing jobs), according to PwC, while law, accounting, and advertising firms could gain as many as half a million jobs.
Ford isn’t the only one. Universal income advocates include Stanford’s Andrew Ng, Y Combinator president Sam Altman, SpaceX and Tesla CEO Elon Musk, and Facebook cofounder Chris Hughes, among others.
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