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http://www.thebitbag.com/industrial-robots-threat-to-replace-human-jobs/133770

Industrial Robots Threat to Replace Human Jobs

With the looming possibility of artificial intelligence, it would not be surprising if robots that are capable of doing everything will soon replace humans. Experts warn this could threaten tens of millions of jobs in the coming three decades.

“We are approaching a time when machines will be able to outperform humans at almost any task,” director of Rice University’s Institute for Information Technology in Texas Moshe Vardi said. “I believe that society needs to confront this question before it is upon us: If machines are capable of doing almost any work humans can do, what will humans do?”

Vardi added that in the near future, although there will be still some help needed from humans, robots will drastically dominate the workforce, men and women of whatever profession or rank equally affected.

Given this impending scenario, Vardi questioned: “Can the global economy adapt to greater than 50 percent unemployment?”

Over the past four decades, it is undeniable that automation and robotization in the industrial sector have brought about huge transformations. This resulted to increase in production output but, at the same time, chop down of job rates.

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He added that the manufacturing industry in the United States reached the peak of its job creation in the 1980s, but since then, there has been a succeeding decline plus stagnating income among middle class.

As of now, there are over 200,000 industrial robots in the United States and the number continues to increase. Research today concentrates on incorporating machines’ reasoning capabilities, and the development, by far, is overwhelming.

By his estimation, he anticipates that because of the rise of driverless cars, 10 percent of driving-related jobs will be slashed off in the next 25 years. Cornell University’s professor of computer science Bart Selman revealed that semi-autonomous or autonomous cars will begin domineering in the coming 2 or 3 years time.

Vardi is attempting to organize a global conservation on the possible effects of artificial intelligence on humans. “We cannot blindly pursue the goal of machine intelligence without pondering its consequences.” It can be recalled that even Stephen Hawking himself shared the same concern about artificial intelligence and its possible dangers.