"Advances in artificial intelligence mean a second wave of change is approaching - and it is not the low-paid service sector where jobs are most at risk"
"Guy Ryder is an old hand at Davos. The director general of the International Labour Organisation has seen it all: the years when the global business elite is brimful of confidence and the years, such as 2017, when the top 1% of the top 1% is fretful.
"Ryder detected parallels with 2009, when the global economy seemed to be heading for a second Great Depression. Eight years ago, the attendees were shaken by the banking collapse but showed little contrition. This year, they were alarmed by the populist anger that was evident in Brexit and Donald Trump’s arrival in the White House but couldn’t really understand why it was happening.
" 'The global elite has been saying all week that the public doesn’t really understand all the good things they are doing for it,' Ryder says. He is quite right about that. The 2017 Davos was a classic example of how people can be, at one and the same time, very bright and utterly obtuse.
"... [But] Advances in artificial intelligence (AI) mean a second wave of change is approaching – and this time the jobs at risk from the machines are going to be [many senior] jobs in the service sector."
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