Since the first industrial revolution, there has been a recurrent fear that technology advancements will displace humans from their jobs even though they also give room for new jobs that require new skills.
In 1589, Queen Elizabeth I reportedly refused to grant the inventor of a mechanical knitting machine a patent for fear of putting manual knitters out of work. When the knitting machine was eventually invented, it provided jobs for operators and technicians.
Currently, especially in the wake of the fourth industrial revolution, futurists have projected a future where artificial intelligence (AI) will replace many jobs. A 2017 study by […]
Full Post at techpoint.ng