A factory in China named Changying Precision Technology Company has replaced 90% of its human workforce with robots. The factory only has 60 manpower left to check the production line and monitor computer control systems.
Technology has been proven to be useful for people in society. But, in sight of the future, technology might destroy society in terms of employment. About 15 million jobs are expected to be diminished in the next decades.
Entities working on artificial intelligence are telling people that automation is good for the economy. However, it appears that the rise of artificial intelligence could lead to significant job losses in the future.
Automation was predicted to be misplacing human employees and replacing them with machines with artificial intelligence.However, the apprehension was replaced with hope because automation even created more jobs.