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RE: Will We See The Start Of Technological Unemployment? Job Losses Could Mount In 2018...

in #technology7 years ago

That's an extreme estimation. AI isn't nearly mature enough to replace that many jobs, and companies aren't that fast to adopt new technologies, even when they would save or make them money. AI development this last year has been astounding, but not that astounding.
It would also likely require massive expansion of server farms.
Not buying it.

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Yes this is the most aggressive projection I have seen. To me, it is a bit too aggressive...I can see that on a three year time frame.

The implementation and integration most likely would take longer than one year on a massive scale like is mentioned.

Three years I could see. It's probably a little quick, but possible. We'll likely just begin to see jobs replaced by next year, or the year after, to a point where people start to notice. There's also development time to consider. It could be as high as 6-9% in 3 years. It could also be a lot longer.
It's almost inevitable in the coming decade.
One thing's for sure, we should be investing a lot more into education.

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