WHAT HAPPENS TO PEOPLE'S INCOME WHEN ROBOTS (A.I) TAKES OVER HALF OF ALL WORK TASKS FROM 2025??

in #hive-1679223 years ago

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Hi everyone, looking back in history of how technology started and how far it has improved over the years, it has gone beyond just saying amazing, but has really helped to improve human life's in every way possible and has also even gone beyond some imagination, though some inventions were also used to destroy human lives in masses too, but you will agree with me that technology has done far more good to humans than harm.
Technology has also greatly helped diversify learning in school even in tertiary institutions too, and has also created numerous job opportunities all over the globe, like in factories, airports, and several parastaters, but now the question comes, what will happen to millions of people's income when robots(A.I) takes over their jobs.

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First of all what is A.I? A.I is short form of Artificial intelligence, and I would say it's the ability of a robot controlled by a computer to carry out activities or task mostly done by humans, far more efficiently than humans without getting tired and with little or no errors at all.

According to World Economic forum in year 2020 it was reported that "Half of all work tasks will be handed by machine in year 2025 , which will be referred to as "The Robot Evolution"
Though it was said that over 96 million jobs will be created, but the robot evolution will also destroy as many jobs, according to reports, about 20million or more factory jobs will be replaced by robots, and lots of communities will be affected, though we don't know how much of them will be yet.
And according to more reports, some jobs robots will also replace are Doctors, receptionist, courier services, book keeping and data entry, pharmaceutical and manufacturing jobs, soldiers, taxi and bus drivers etc..
According to a cencus in 2014 over 4.3 million people ranging from age 16 and over work as drivers in the United states alone, imagine how many people work as drivers all over the world, now imagine how many people you work as a driver will be unemployed when driverless cars are used all over the world? Honestly even this thought scares me too.

Currently we already have the like of self driving cars, buses and even trucks, robot waitresses in some parts of the world, even robot traffic controller and so many more, and as much as so many people are excited about how technology keeps advancing and much more, what other thing we fail to ask ourselves, what will become of those manual labourers in their various fields, and how will they survive financially, for those with their children and families, what will they feed on, when they no longer have their jobs.
Some conversations I've indulged in about this matter, most of the said they will all switch to data processing, machine building and everything related to computers when we're fully in that age, but then another question popped up in my head, if every other persons decide to do that as well, will every unemployed people get a job and will unemployment and crime rate reduce??

In Conclusion, I personally love Technology, and each time I think of this robot evolution coming up what comes to mind is "Terminator, 'rise of the machine", lol, and as much as I like being optimistic about the future and though it is said that "Change is constant", I really don't know if the world is ready for that sort of change because, I'm fully aware that unemployment leads to frustration, increase crime rates and chaos.
There are some many questions on my mind about this issue, and what do we really need to do as humans to stay employed and relevant in our jobs during the robot evolution??

Cheers

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