Some interesting perspectives on AI and the ecosystem it will bring (emphasis is mine).
- Unlike the Industrial Revolution and the computer revolution, the A.I. revolution is not taking certain jobs (artisans, personal assistants who use paper and typewriters) and replacing them with other jobs (assembly-line workers, personal assistants conversant with computers). Instead, it is poised to bring about a wide-scale decimation of jobs — mostly lower-paying jobs, but some higher-paying ones, too.
Don't expect basic income to come into place anytime soon. Will this lead to civil wars in countries which are not investing in AI?
- Most of the money being made from artificial intelligence will go to the United States and China.
They have infrastructure, talent and money to do this.
- The other challenge for many countries that are not China or the United States is that their populations are increasing, especially in the developing world. In the age of A.I. it will be an economic liability because it will comprise mostly displaced workers, not productive ones.
Think of India's much marketed differentiation - the youth. This will be a liability in the AI age, unless we invest in education / up-skilling them The current education system is up for a big fail.
The gap between haves and have-nots is set to grow.