AI Revolution: Disappearing Jobs
Just like things weren’t smooth during the industrial revolution, the ongoing AI (Artificial Intelligence) revolution is also breaking a lot of eggs.
AI isn’t just replacing manual labour, but is also rapidly replacing repetitive cognitive labour, which are high-value jobs usually done by people with decent salaries and respectable profiles. The result is that old jobs are disappearing faster than new jobs are being created.
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Many people believe that automation will destroy some jobs, but create new ones. Although that is not the case. During technological transformations like the Industrial Revolution many people didn't find work for a long time. But now the difference is that AI is not just replacing repetitive manu...
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