Kai-Fu Lee is the former president of Google China and in a recent interview, he said that around half of all human jobs in the world will be replaced by artificial intelligence over the next decade. It will start with white collar positions and then move on to simpler jobs that machines can perform. In terms of economic disruption, this could be the fastest in history.
Lee made this declaration during his time at CNBC’s Squawk Box, where the former Google executive says that the next decade will see the fastest employment disruption period at any point in history. On top of saying that people will lose their jobs during this time, Lee also said that it was nonsense to believe that it will create new ones on a level that would matter.
"The white collar jobs are easier to take because they're pure a quantitative analytical process. Reporters, traders, telemarketing, telesales, customer service, [and] analysts, there can all be replaced by a software. To do blue collar, some of work requires hand-eye coordination, things that machines are not yet good enough to do," Lee said before later adding, "Robots are clearly replacing people jobs. They're working 24 by 7. They are more efficient. They need some programming. But one programer can program 10,000 robots."
As Futurism notes, Lee is not alone in seeing this pattern either. There is AIVA Technologies CEO Pierre Barreau who says that he agrees with Lee, with TechCode general manager Luke Tang noting that AI is already replacing human workers right now.
Lee also touched on the prospect of Universal Basic Income (UBI), saying that it won’t solve the problem. The only way for displaced workers to survive in the upcoming economy is to learn new skills that will become relevant for future employment.


SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow
G7 Explores AI Access Deal With U.S. Amid Anthropic Restrictions
Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy
WiseTech Global Denies Knowledge of Investigation Into Founder Richard White
Meta Pauses Employee Activity Tracking Program Over Data Security Concerns
SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched
Trump Says Anthropic No Longer Seen as National Security Threat
SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples
John Jumper Leaves Google DeepMind for Anthropic Amid Intensifying AI Talent Race
Trump’s Quantum Push Lifts IBM Stock as CEO Arvind Krishna Receives White House Praise
US Raises Concerns Over Possible ASML EUV Machine Transfer to China
Today’s space race could turn fatal if we don’t agree on new rules
World Cup technology: from ref cams to AI analysts, cutting-edge research is changing the game
Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom 



