Former Google chief Eric Schmidt: AI could fix the world’s productivity problem

City AM captures Eric Schmidt’s message of confidence for the future of tech in the workplace at the Inaugural Centre for Entrepreneurship Annual Lecture on 27 November.

Automation is about tasks, not jobs,” he said. “Until the point where the robot shows up and can replace you and me, which is not any time soon and maybe not for a very long time.

The issues have to do with replacing essentially routine tasks, freeing up people to be more productive. So far the evidence is that people on balance do better working with computers, their salaries are higher, their happiness overall is higher, [and so on].

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