A number of prominent people of Silicon valley are warning that in near future, the unemployment will rise steeply due to the replacement of existing employees with Artificial Intelligence, robots, and more sophisticated technology.
Some of the most vocal people who are alarming against the artificial intelligence are Elon Musk, Stephen Hawking, Sam Altman, and Sam Hinkie.
Sam Hinkie who is considered as the brightest mind in sport is asking parents how they are preparing their kids for the future where there is a chance that about 60% of people will be unemployed.
Stephen Hawking expressed that only the most sensitive and supervisory job roles will remain in the future.
What these great people talked to have a sense, as the latest report from White house states that 83% of jobs that make less than $20 per hour will be under threat of Artificial intelligence and automation. The report also stated that 3.1 million jobs will be replaced by automation.
The report is, even more, causing fear to those who have not get a degree yet as 47% of jobs are at risk of becoming irrelevant with technological advancements.
A lot more people are unaware that 4 million manufacturing jobs only in the United States have already been replaced by automation since 2000. The majority of workers who are replaced didn't able to go back to workforce again.
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