Will an AI Revolution Help or Hurt China’s Labor Market?

Will an AI Revolution Help or Hurt China’s Labor Market?

Is artificial intelligence really poised to devastate China’s labor market? That’s a question on which tech luminary Kai-Fu Lee and consultancy PricewaterhouseCoopers (PwC) seem to disagree.

On Tuesday, the current Sinovation Ventures CEO and former Apple, Microsoft, and Google executive wrote a commentary for Bloomberg Opinion in which he predicted that the developing world — and China and India specifically — would struggle to cope with new technology. But the same day, a PwC report suggested that artificial intelligence could actually create nearly 100 million new jobs in China over the next two decades.

Lee asserts that countries like China have […]

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