AI vs. Human: how Will the Labor Market Change in the Near Future?

The rapid development of technology, especially of artificial intelligence with its incredible potential and capabilities, smoothly leads humanity to the …

The rapid development of technology, especially of artificial intelligence with its incredible potential and capabilities, smoothly leads humanity to the fourth industrial revolution. AI will play a key role in it – in modernizing the global economic landscape, including the labor market. This can be compared with the industrial revolution that took place in the 19th century when technological progress completely transformed the world economy. But this time, the changes will occur ten times faster.

The modern industrial revolution which is caused by artificial intelligence is a turning point in history that will lead to radical economic change throughout the world. But experts can not agree on the type of these changes. Some claim that people are doomed and in the near future we are waiting for a total replacement of the biological mind with an artificial one in the labor market. Others, on the contrary, are confident that the labor market will simply be modernized, and the human professions will become just a little different.

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