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Working capital: VCs bet on recruitment platforms as global workforce crisis looms

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Filiberto Lahey
Sep 29, 2017 06:50
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Much has been said about the impact of artificial intelligence (AI) on the global workforce, with some arguing that we should all be far more concerned about “job displacement” than killer robots.

Andrew Ng, Coursera cofounder and former chief scientist at Chinese technology juggernaut Baidu, told an audience at a Harvard Business Review event earlier this year:

As an AI insider, having built and shipped a lot of AI products, I don’t see a clear path for AI to surpass human-level intelligence.

I think that job displacement is a huge problem, and the one that I wish we could focus on, rather than be distracted by these science fiction-ish, dystopian elements.

That’s not to say that the rise of AI will have a similar knock-on effect in the future, of course, but it is one hypothesis.

“An equilibrium in supply and demand is rapidly becoming the exception, not the norm,” BCG has said.

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Filiberto Lahey
Sep 29, 2017 06:50
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