February 23rd, 2017 by

“Vivek Wadhwa, a US-based entrepreneur and academic who writes about ethics and technology, thinks the new wave of automation has geopolitical implications: “Tech companies must accept responsibility for what they’re creating and work with users and policymakers to mitigate the risks and negative impacts. They must have their people spend as much time thinking about what could go wrong as they do hyping products. The industry is bracing itself for a backlash. Advances in AI and robotics have brought automation to areas of white-collar work, such as legal paperwork and analysing financial data. Some 45 per cent of US employees’ work time is spent on tasks that could be automated with existing technologies, a study by McKinsey says.”

 

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