Predictions about the impact of artificial intelligence (AI) on employment abound. One recent estimate suggests that by 2030 some 30% of jobs currently completed by human beings will become obsolete as robots and computers replace people. Other predictions suggest that this estimate is conservative.What we do know, however, is that: Many jobs that are commonplace […]

Predictions about the impact of artificial intelligence (AI) on employment abound. One recent estimate suggests that by 2030 some 30% of jobs currently completed by human beings will become obsolete as robots and computers replace people. Other predictions suggest that this estimate is conservative.What we do know, however, is that: Many jobs that are commonplace in 2019 will be gone by 2030Large numbers of people around the world are already unemployedMany of those currently unemployed will never work again What we also know is that: Many of the people engaged in work are under-employedWages around the world have been stagnant for yearsMany of the new jobs created by the AI revolution will require very different skills The implications of these changes for business are profound. They will almost certainly include challenges including: Lower levels of disposable income resulting in lower expenditureHigher levels of crime and security-related problemsThe potential for social…