Mass unemployment Now what does this mean for the global workforce? Currently, there are several Business AI applications which assist financial specialists with risk management and economic forecasts. Furthermore, AI powered diagnostic tools are aiding medical diagnosis and some offer data-driven recommendations enabling lawyers and judges to cross reference cases, advising them on evidentiary requirements and sentencing practices. However, the next phase of AI as envisaged by the transhumanist Silicon Valley elites agitating for the fourth industrial revolution involves a greater leap towards autonomy where industry application of AI will transition from pilot programmes to large-scale operations, with perilous implications for blue and white collar jobs. Unlike previous industrial revolutions, the discovery of the means of economising the use of labour is now significantly outrunning the pace at which we can find new uses for that labour. By narrowing t...
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