Artificial Intelligence Can Wipe Out Jobs In Future, Warns Barack Obama

Artificial Intelligence (AI) is creating a lot concerns in the recent years with respect job loss, self-awareness of computers etc. Stephen Hawking, Elon Musk, Bill Gates etc. have openly criticized the uncontrolled advancement of AI. Now, Barack Obama joins the group and warns people about the possible job loss in future. While releasing the administration's report on the future of AI, he has also shown optimism that it can make the technology more advanced and convenient to the people.

"Artificial Intelligence provides many benefits to the society and helping U.S. to increase its competitiveness," the report says. "But it also raises some risks in many areas like safety to jobs and economy, legal and ethical questions." The report also stress out on the need of the government to understand these implications while AI advances. Further, it says that there is no proper methodology to make sure the secure and efficient work of AI systems, per White house reports

"My observation is that AI is seeping into the lives in many ways that we fails to notice," Obama said in a recent interview. "If we could effectively utilize, it can create greater opportunities and prosperity, but can also increase inequality and suppress wages." An Oxford study in 2013, predicted that 47% of the jobs may be lost in the next two decades due to automation. The transporting companies are spending billions to develop self-driving technology, could be a signal of the future, cited by CNN.

Obama also shown optimism that the country can survive the risks of AI by referring how industrial revolution made life easier. "I am optimistic, historically we have welcomed new technologies and that created jobs and raised our living standards," he said. "Don't worry much about machines taking over the world, but worry about the ability of hostile actors to access systems."