Don’t fear an AI-induced jobs apocalypse just yet

Don’t fear an AI-induced jobs apocalypse just yet

“I think we might exceed a one-to-one ratio of humanoid robots to humans,” Elon Musk declared on March 1st. Coming from the self-styled techno king of Tesla, it was not so much a prediction as a promise. Mr Musk’s car company is developing one such artificially intelligent automaton, codenamed Optimus, for use at home and in the factory. His remarks, made during Tesla’s investor day, were accompanied by a video of Optimus walking around apparently unassisted. Fears over the job-displacing effects of technology are, of course, nothing new(Illustration: Shutterstock) Sales at Fanuc, a large Japanese robot-maker, rose by 17% […]

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