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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

    • It’s hard to find someone who works in technology who doesn’t deploy AI as an assistant in some capacity.
    • It’s hard to find someone who works in technology who doesn’t deploy AI as an assistant in some capacity. PHOTO: REUTERS
    Published Mon, May 20, 2024 · 11:00 AM

    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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