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Press Conference: How will artificial intelligence shake up the Chinese job market?

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AI and related technologies could boost GDP by as much as 14% globally and up to 26% in China by 2030. But there’s also a significant amount of wariness about these new technologies, particularly around their potential impact on jobs.

Chinese economic development over the past four decades has involved hundreds of millions of workers moving from farms to factories. But what if advances in robotics displace many of these factory workers? Will AI remove the need for many clerical roles in offices, while autonomous vehicles increasingly replace truck and taxi drivers?

PwC's new report quantifies both the potential displacement of jobs by AI and related technologies in China over the next 20 years and, most importantly, how far this will be offset by job creation associated with stronger economic growth and higher average real income and spending levels.

Speakers:
· James Chang, Partner, PwC, People's Republic of China.
· John Hawksworth, Chief Economist, PwC, United Kingdom.

Moderator:
· Amanda Russo, Public Engagement Lead, World Economic Forum.

http://www.weforum.org/
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