Leading China and America AI expert Kai-Fu Lee, believes AI technology will have the capability to take over 50% of jobs in just 15 years…

Although, he also cites a 10-year lag, before it’s widely adopted, and where it starts to materially impact world job markets.

Let’s use Uber as an example of what might happen in the next 25 years:

Uber is one of the most successful start-ups in the world, and probably the biggest indirect employer, with over 5 million global drivers.

Their profits in 2020 was $6.7 billion, and this is despite giving their drivers 75% of each fare.

Imagine a world (in the next 25 years) where Uber replace their 5 million taxi drivers with AI controlled driverless cars, allowing them to keep 100% of each fare.

Based on 2020 figures, this potentially will increase Ubers profit four-fold to circa $28 billion.

More worryingly, this would leave 5 million people without a job.

And Uber won’t be the only mass employer looking to AI technology to increase their profits.

In this drive towards a technology driven world there is a moral question to answer.

But are mass global employers like Uber likely to care about people’s livelihoods?

Or are their leaders simply interested in increasing profits to line their own pockets and to appease shareholders?

We’re not building our businesses with endless profits in mind, we’re committed to answering the moral question, and believe most people will still want to deal with real people.

As we believe business is about building relationships and creating trust, which is achieved by delivering consistently great products and service over time.

…AI technology may eventually help our team, but it certainly won’t replace them.