Bill Gates has warned that the continued development of Artificial Intelligence (AI) and robots will cause widespread job losses.
The billionaire founder of Microsoft said that both ‘white-collar work’ and the ‘skills of physical human labour’ were at risk.
He blamed the ‘incentive structure’ of businesses looking to increase their profits. ‘It’s hire the robot, fire the human and don’t look back,’ said Mr Gates.
AI has been blamed for costing jobs, especially office jobs, in the past few years – as the technology can be used to automate work.
Last week, Barclays bank announced that it would cut 5,000 jobs by the end of
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