AI Will Eliminate 50% of Jobs by 2027 | Kai-Fu Lee

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"It's actually uncannily accurate... white-collar jobs will go a lot faster"

Former President of Google China, Kai-Fu Lee, estimates that AI may replace 50% of jobs within the next 3 years. With no labor immune to automation, basic income becomes a crucial safety net for everyone.

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I was thinking a lot about AGI. It's likely to replace a lot of white collar jobs. At the same time, it's also likely to drastically speed up processes: Imagine AGI creating complete and detailed specification for road or building construction in a minute in comparison to a year that it takes now for a human team. Imagine AGI could optimize resource supply processes. Imagine blue collar workers wearing headsets with cameras connected to AGI that talks to them and coordinates each worker`s actions in an optimal way.

If we don't have a lot of robots by the time AGI arrives, or if we have people still wanting to have a job, then, with everything saind above, AGI can easily multiply the amount of existing blue collar jobs by just adding more workers to existing businesses while coordinating all them thus effortlessly scaling the overall productivity.

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