AI revolution means no profession or individual roles will go unchallenged
A second industrial revolution is afoot, with many sectors of the economy making use of AI to do some job functions
IN THE global stock market, the current artificial intelligence (AI) revolution has created a multi-trillion dollar speculative event that has some uncanny similarities with the Industrial Revolution.
The spinning jenny – a multi-spindle spinning frame used for spinning wool or cotton – forever altered the history of textile production when it was created back in 1770, vastly improving the efficiency and production of textiles in Europe, the US and elsewhere.
To a large extent, there is an impact of similar or even greater magnitude being seen with the rise of AI today, especially in the stock market.
Copyright SPH Media. All rights reserved.
