The chairman of Alibaba — Jack Ma—warned on Monday that over the next three decades, Artificial intelligence and other technologies will cause people “more pain than happiness.”
Before you get your face in this mood:
There is more.
He also said that Robots could replace CEOs. In his words:
“30 years later, the Time Magazine cover for the best CEO of the year very likely will be a robot. It remembers better than you, it counts faster than you, and it won’t be angry with competitors.”
“In the coming 30 years, the world’s pain will be much more than happiness, because there are many more problems that we have come across,” Ma said.
Ma said this in a bid to encourage businesses to adapt or face problems in the future. According to him, 15 years ago, he gave hundreds of speeches warning about the impact of e-commerce on traditional retailers and few people listened because he wasn’t as well-known as he is now.
However, Ma is of the opinion that machines shouldn’t replace what humans can do, but instead, the technology community needs to look at making machines do what humans cannot. This would make the machine a “human partner” rather than an opponent.
The problem is that in the past, there has always been some new job to shift to. Blue collar job to white collar. Now, automation is hitting all across the board which means that in the future, many of these jobs will be gone with nothing to replace them as AI will do the new jobs too.
By the way, I wonder why some tech CEOs (Bill Gates, Elon Musk and others) are scared of AI? Shouldn’t they be saying how great AI is?