Fears of robots stealing our jobs are misplaced

Fears of robots stealing our jobs are misplaced

It was feared ATMs would displace bank tellers. However, deployment of ATMs reduces bank running costs, allowing banks to open more branches

A widely cited 2013 study estimates that 47 per cent of American jobs are at high risk of being computerised soon Artificial intelligence is the simulation of human intelligence by machines. The term was coined in a 1955 research proposal stating that “good progress could be made in research to get machines to solve the kinds of problems reserved for humans”. This prediction was over-optimistic at the time and AI garnered a reputation for promising more […]

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