WHY THIS MATTERS IN BRIEF
If you can break a job into roles and tasks you can automate it, and now CEO’s are coming into the firing line…
There’s a saying – if you can describe your job in one sentence then get prepared for it to be automated. Automation has changed society as we know it, and knew it, for centuries now, and Artificial Intelligence (AI) itself, a driving force for automation, is now increasingly being seen as a double edged sword. On the one hand it’s helping us save lives, but on the other it’s helping to automate hundreds of thousands of jobs – and entire companies like Aidyia, a fully autonomous hedge fund.
As a consequence, and with a cacophony of voices, that include the likes of Bill Gates, Stephen Hawking, Elon Musk, and now Alibaba’s Jack Ma, continually telling us to “prepare for more pain than happiness” it’s not too hard for many of us to begin thinking the worst. Ma himself, for example, has spoken at several conferences on the topic, and he believes that “social conflicts in the next three decades will have an impact on all sorts of industries and walks of life,” something that mirrors the European Union’s sentiments “that AI and automation will leave no strata of society untouched.”
In Ma’s case, as you can see in the video above, he feels that many of these social conflicts will arise from the rise of automation and now he’s saying that in 30 years’ time he thinks that the “Time Magazine cover for the best CEO of the year will very likely be a robot. It remembers better than you, it counts faster than you, and it won’t be angry with competitors.”
Aren’t CEO’s already robots? Anyway, and if you’re thinking of a cover that has an actual robot on it then you might be disappointed – in the future it’s more than likely, as we’re already seeing today with companies like Aiydia above, and Bridgewater Associates who are busy at the moment automating their entire management team, that the CEO “robot” running the company will be AI software… and there you all were thinking of a Terminator robot sitting behind a desk, silly you, that’s this years’ photo.