Advances in robotics and artificial intelligence need to be managed


  • Business
  • Saturday, 17 Jun 2017

Job loss: Will self-drive cars take away the jobs of drivers?

FOR the moment at least, automation is occurring all too slowly.

The displacement of workers by machines ought to be bringing on a consistent rise in productivity and a faster growing economy. This is not happening in the US, Europe and Japan as well as in most parts of the world, including Malaysia – all being persistently disappointed with the outcomes. Experts warn that rapid advances in robotics and artificial intelligence (AI) could destroy millions of jobs and pose a “Terminator” style threat to human life as we know it.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , Opinion , Lin See-yan

   

Next In Business News

BNM: Micro, small businesses to continue enjoying zero-cost transactions via DuitNow QR payments
Hong Leong Bank to continue to waive transaction fees for DuitNow QR payments
Public Mutual declares over RM47mil for two funds
Budget 2024: A tough balancing act for Anwar
Marine & General cautiously optimistic about FY24 performance
WtE space heats up
CPO price set to recover
Private hospitals, insurers stirred as claims rise
Fit for expansion
Streamlining a business practicality

Others Also Read