Philanthropist. Founder and former CEO of Microsoft.
You cross the threshold of job-replacement of certain activities all sort of at once. So, you know, warehouse work, driving, room cleanup, there’s quite a few things that are meaningful job categories that, certainly in the next 20 years [will go away].
Founder of SpaceX, cofounder of Tesla, SolarCity & PayPal
What to do about mass unemployment? This is going to be a massive social challenge. There will be fewer and fewer jobs that a robot cannot do better [than a human]. These are not things that I wish will happen. These are simply things that I think probably will happen.
If all you think about are the jobs today and you project forward, there might be a day where robots take over every single job we have today. Is that the future that will come? No, because we have innovative people – well, I like to think we have innovative people in society – and we invent new things all the time, that require new jobs to manage them, to invent them, to conceive them, to enginee...See More
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Throughout history, technological innovations have enhanced the productivity of workers and created new products and markets, thereby generating new jobs in the economy. This will be no different for AI, 3D printing and robotics.
We have to make them [workers] more productive through automation, through tools. So I'm convinced that there is in fact going to be a jobs shortage. There is going to be jobs that are unfulfilled, and that the way we'll fill them is to take people plus computers, and the computers will make people smarter. If you make the people smarter, their wages go up. They don't go down, and the number of jo...See More