Chinese Report Indicates AI Will Have Impact on 70% of Most 400 Common Occupations

Published by , September 17, 2018 12:38 pm

(GlobalTimes) A report, “Human Capital Investment in the AI Era: Future Challenges and Coping Strategies in the Chinese Job Market,” jointly released by the China Development Research Foundation (CDRF) and Sequoia China indicates that AI will have an impact on 70% of China’s most 400 common occupations. The report estimated that 99 percent of workers in agriculture, fisheries and forestry, 98 percent of workers in construction and 94 percent of workers who install and maintain power systems will be replaced by AI in 20 years.
According to data from the National Bureau of Statistics, China had a total of 776 million employees at the end of 2017, with 54 percent of them working in urban areas.

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