Is there any doubt robots are taking over? Widely-respected expert Kai-Fu Lee, founder of venture capital firm Sinovation Ventures and a top voice on tech in China says they will replace half the jobs in the world.
Of course there is no way to determine what new jobs they might create and it will have unions scrambling, but unions are already ahead of the curve and have tried to unionize robots in McDonald’s.
The EU is planning to call robots “electronic persons” with rights and obligations and who have to pay social security. They will be called “E-People” in the socialist, tax-happy EU.
Robots are already doing a better job than man could have done roving Mars and they are the wave of the future.
CNBC quoted the famous Chinese expert: “It is the decision engine that will replace people,” Lee said, adding that AI (Artificial Intelligence) capabilities far exceed those of humanity.
He gives the example of one company he invested in that can recognize 3 million faces at the same time, or disperse loans in eight seconds.
“These are things that are superhuman, and we think this will be in every industry, will probably replace 50 percent of human jobs, create a huge amount of wealth for mankind and wipe out poverty,” Lee said, later adding that he expected that displacement to occur in the next 10 years.
Robots are replacing low-level jobs like food servers and middle-class office jobs.
Will humans still have a place in the world as machines grow more intelligent?
Kai-Fu Lee answered, saying there is that nothing can replace human-to-human interaction.
“Touching one’s heart with your heart is something that machines, I believe, will never be good at,” he said, explaining that service jobs should be considered “first-class” employment.
I’m not sure. They said that nothing could replace the horse as the main means of travel.
Now for the big question. Will unions stoop to unionizing robots? The answer is absolutely ‘yes’. They’ve already talked about it.
When McDonald’s brought in robots that serve burgers and even cook them, the unions demanded that a certain number of unions essentially pay dues. It’s in the form of a fine for allowing the robots into the franchises.
Unions have rights too they say. I never saw that in the Constitution.
“We ought to have a say in [the use of technologies],” said Ron Blackwell of the AFL-CIO. “We ought be able to shape whether they are going to be technologies that create jobs and help everyone.”
The push to raise the minimum wage, mostly by the Socialist unions SEIU and AFL-CIO, is aimed at fast food restaurants because they want to unionize them. McDonald’s is a target as is Walmart because they’re not unionized. Robots don’t need minimum wage.