However, concerns about job losses due to AI persist. Elon Musk recently stated that "no job is needed" in the future. TechMarketView chairman Richard Holway countered this pessimistic view, stating that new jobs will always be created and people generally prefer to be gainfully employed.
Key takeaways:
- BT’s chief digital innovation officer, Harmeen Mehta, has argued that fears about AI replacing human jobs are overblown, comparing it to the transition from horses to cars.
- Mehta believes that AI and human intelligence can work together, and that new jobs will be created as others become obsolete due to technological advancements.
- BT is currently undergoing a transformation that involves embracing AI, with CEO Philip Jansen stating that the company could see a reduction of around 10,000 jobs due to automation and digitization.
- Despite fears about job loss due to AI, TechMarketView chairman Richard Holway argues that new jobs will always be created and that most people prefer to be gainfully employed.