Future impact of AI

Consider the following:

→ In 1940, 60% of today’s jobs didn’t exist. Since 1940, 85% of job growth has been due to technology.

→ In 1800, 90% of Americans worked in agriculture. By 1900, that number was only 40%. Today? It’s 1.3%. And yet, we have more jobs.

→ In 1900, only 5% of the U.S. workforce was employed in clerical and administrative jobs. By 1950, that figure had risen to 22%, thanks to the widespread adoption of typewriters and adding machines.

→ The growth of the internet and e-commerce has created a massive number of new jobs, from web developers and online marketers to warehouse workers and delivery drivers.

→ Advances in medical technology have created new jobs in areas like telemedicine, remote monitoring, and medical device development.

→ Technology has revolutionized the entertainment industry, creating new jobs in areas like video game design, animation, and digital special effects.

→ The growth of e-learning and online education has created new jobs in areas like instructional design, curriculum development, and online teaching.

In Daniel Pink’s 2012 book A Whole New Mind, he predicts that automation will slice and dice the left-brain tasks… creating millions of new opportunities for more creative, right-brained tasks.

On the other hand, maybe the panic merchants are onto something…