Economics Technology

“Within 5 Years” – Robot Replacement of Human Workers Predicted to Accelerate Dramatically

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The economic elite have not hidden their agenda of replacing human labor with machines. Speaking at the most recent Davos economic conference – widely considered to be the elite economic forum to discuss trends and political strategy – an expert in artificial intelligence and machine learning, Jeremy Howard, had some stunning announcements that indicate a major shift in employment is set to occur very soon.

One robotics entrepreneur is now saying that for specific jobs there very well could be 100% replacement in just 5 years.

Bill Gates has warned that many jobs will be taken over by “bots” over the next decade. Gates gave a talk at the American Enterprise Institute think tank in Washington, DC this week and said that both governments and businesses need to start preparing for a future where lots of people will be put out of work by software and robots.

“Software substitution, whether it’s for drivers or waiters or nurses… it’s progressing,” Gates said. “Technology over time will reduce demand for jobs, particularly at the lower end of skill set… 20 years from now, labor demand for lots of skill sets will be substantially lower. I don’t think people have that in their mental model.”

[More](http://www.activistpost.com/2014/04/within-5-years-robot-replacement-of.html)

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““Within 5 Years” – Robot Replacement of Human Workers Predicted to Accelerate Dramatically”