"Your competitors are going to use it and countries are going to use it, he said. However, it may go too fast for society and if it goes too fast for society that's where governments and businesses [need to] in a collaborative way step in together and come up with a way to retrain people and move it over time."
"However, it may go too fast for society and if it goes too fast for society that's where governments and businesses [need to] in a collaborative way step in together and come up with a way to retrain people and move it over time. Dimon said local governments may need to use assistance programmes, which support wages and offer retraining, relocation and early retirement."
"The two million commercial lorry drivers in the US are an example of an area that may need support as driverless trucks hit the road, he said. Should you do it all at once if two million people go from driving a truck and making $150,000 a year to a next job [that] might be $25,000? No. You will have civil unrest, Dimon said. So phase it in."
Artificial intelligence promises large benefits, including higher productivity and advances toward curing diseases, but rapid adoption risks outpacing social capacity and causing civil unrest. Companies and countries will adopt AI, leading some large employers to have fewer employees within five years. Governments and businesses must collaborate to retrain and support displaced workers through assistance programmes that support wages, offer retraining, relocation and early retirement. Two million US commercial lorry drivers exemplify a workforce likely to need such support as driverless trucks emerge. Phased implementation and contingency plans are necessary to preserve social stability while realizing AI’s benefits. A restrained critique calls for strengthening Europe through moral, economic, intelligence and military persuasion rather than fragmentation.
Read at www.theguardian.com
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