Automation and Artificial Intelligence (AI) is a big discussion topic at the World Economic Forum meeting at Davos. Many prominent speakers from politicians to business leaders spoke of both the pros and cons of it. Even in Singapore, our local media has recently published an article that
half of the world's jobs can be gone if businesses just adopt the existing technologies. 30% of what most of us do on a daily basis can be automated away. This means that we could be clocking 30% less hours working or we could see more unemployment.
In 1930, Economist John Keynes published an essay stating that in the future, people will work for only 15 hours a week and spend the rest of our time enjoy life. Fast forward to now, we are far from that 15-hour workweek. The shortest workweek in the world is about double that 15-hour (Europe), Asia and ...
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