Earlier this week, real estate heavyweight Jeff Greene suggested that artificial intelligence (AI) could pose a major threat to the human workforce in the near future.
During an interiew with CNBC’s “Squawk Box”, Greene has hypothetised that AI, which can currently carry out the work of a person with an intelligence quota (IQ) of 100, could grow in capabilities at a rate of 1.5 percent per year, meaning that AI could do the work of a person with an IQ of 120 within ten years from now. He cited the rate at which AI-driven devices such as computers, robots and software are taking over workplace functions as a key factor which could make some of today’s workers effectively redundant within a relatively short period of time.
He also suggested that the USA “could be heading off a cliff,” due to both major political parties using “traditional solutions” to tackle “non-traditional problems”, and stated a future challenge was to “reivent the economy”.
?Artificial Intelligence will change the way not just our economy will work but all economies.? Says Scott wolf CEO of Grace Century. ?Thisinterview shows what worked before just wont work in the future, and the greatest minds in the world are coming together now?why? They see the writing on the wall!