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 manual labor. It's also replacing repetitive cognitive labor.
Research has also shown that while for much of the 20th century, automation was creating new jobs faster than it was destroying old jobs, for the last few decades, the opposite has been true.
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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 ...
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