5 big misconceptions about AI creating mass unemployment

A global job takeover won’t be as slow and controlled as many think, but in the end, maybe it’s not such a bad thing, according to ‘Surviving AI’ author Callum Chace.

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Artificial intelligence will inevitably replace jobs en masse, but that’s not necessarily a bad thing, argues Calum Chace, author of Surviving AI and co-host of the London Futurist podcast.

Speaking on a panel at the Beneficial Artificial General Intelligence (AGI) Summit in Panama — attended by Cointelegraph reporters — Chace presented five major misconceptions about AI’s impact on the future of work.

The first misconception is a long-held belief that machines taking over everyone's jobs could “never happen,” stated Chace.

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