AI means new opportunities, not jobs lost

The threat of automation on labor is nothing new. Humans have a long history of new technologies that disrupt our workflows by automating tasks, from the printing press in 1439 to public access to the internet in 1993. Today, we have available an intelligent technology that can bring down both the costs of labor and the threats of irrational (human) work behavior that deviates from streamlined operational processes. This time, the threat of automation is significantly different because the self-learning abilities of AI allow it to imitate and sometimes even overshadow humans’ cognitive abilities….