Eric Schmidt warns of AI's existential threat to humanity.

1 min read
Source: Fortune
Eric Schmidt warns of AI's existential threat to humanity.
Photo: Fortune
TL;DR Summary

Former Google CEO Eric Schmidt argues that the declining birth rate in developed countries could undermine the peril of losing jobs to A.I. Schmidt believes that A.I. will eventually become a tool for efficiency in the workforce, but job losses in the near term might be inevitable. With baby boomers retiring in higher numbers every year, the dearth of young people to replace an aging workforce could lead to a demographic and labor crisis within the next few decades. Countries have proposed a number of policies to stave off the worst effects of a demographic crisis, including enhancing maternal health care services, granting paid marriage leave, and even discouraging abortions.

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