In a bid to create a business environment with less competition, Alibaba has projected that robots will replace Chief Executive Officers of companies and Artificial Intelligence in 30 years.
Chairman of the company, Mr. Jack Ma, explained that the rise of robots as AI and CEOs will be needed to process the large amount of data being generated today, something he believed human brain cannot do.
He said, “But machines shouldn’t replace what humans can do but instead the technology community do what humans cannot. This would make the machine a “human partner” rather than an opponent.
“AI was likely to lead to people living longer and fewer jobs around. And robots could also replace chief executives of companies in 30 years. It remembers better than you, it counts faster than you, and it won’t be angry with competitors.”
Meanwhile, Ma warned that society could see decades of pain thanks to disruption caused by the internet and new technologies to different areas of the economy.
According to CNBC Africa, the billionaire urged governments to bring in education reform and outlined how humans need to work with machines.
“In the coming 30 years, the world’s pain will be much more than happiness, because there are many more problems that we have come across,” he said.
