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
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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.
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