Som Karamchetty 858 days ago

It is not just AI but a number of other technologies, such as robotics, computers, communications, and manufacturing technologies, will have a strong effect on jobs. Those jobs that can be done with little skill and knowledge will go away. Note that bullocks and horses have lost their jobs as their jobs only needed muscle power.

Abraham Maslow defined the Need Hierarchy showing people’s Needs with Physiological Needs at the bottom and Self Actualization at the top. People have jobs to produce goods and services to satisfy people’s needs. As advanced technologies replace people from the jobs beginning at the bottom and moving up the Need Ladder with intelligent technologies, job losses at the bottom and job gains at higher levels will occur. A nation that is alert to this rapidly evolving scenario and is prepared to take advantage of it will benefit.