Kevin O'Leary warns one unexpected career is coming under threat of being replaced by AI
With The Imperial March playing in the background, the rise of the robots is continuing on with another job firmly in the crosshairs.
As if young people didn't have enough to worry about with the planet scorching and the cost of everything always going up, we're now in a battle to save our jobs from Artificial Intelligence.
Whether you like it or not, AI has perforated nearly every facet of daily life, and it's not stopping any time soon.
Bill Gates only managed to list four professions that would still be needed after the rise of AI, and now millionaire Kevin O'Leary has warned the unexpected career path of consultancy may soon no longer be viable.
Consultancy jobs now at risk due to Artificial intelligence
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Consultants make the world go round. Or at least a lot of money. With the gun for hire experts being hired by companies when they have a particular issue to solve and need someone to sort it.
Yet, O'Leary, star of Shark Tank - the USA's version of Dragon's Den - believes they could soon become a relic of the past as companies choose to save money by asking AI to solve their problems instead.
“Even the companies that I invest in that used to use a lot of consultants for very specific vertical situations, like changing retail distribution, or should they keep two tiers of distribution versus three, are first going to AI, which they can do for a lot cheaper,” O’Leary said on the Founder's Mindset Podcast.
O'Leary, who played a startlingly realistic role of a nasty rich person in Marty Supreme, does believe the human touch might be important to some companies, though.
He added: “One of the things that you could argue is good about consulting is, if you spend less than two years there, and you’re going to search all 11 sectors of the economy to find out where you fit, that makes sense to me."
Jeff Bezos thinks there will be work for us late
It seems nearly every mega-rich person going is certain every job will be on the chopping block, it's almost as if they've got vested interests in AI or something.
Speaking on Jimmy Fallon, Bill Gates chillingly said when asked if he thinks humans will be needed in the future: "Not for most things."
However, Amazon mogul Jeff Bezos wasn't so pessimistic and thinks AI will lead to new jobs being created.
"I know there's a lot of concern that many people have, including many smart people, that AI is going to make humans redundant and so on," Bezos said in Paris last week, as reported by the BBC.
"I totally disagree with this point of view. And I think, in fact, AI is going to create a labour shortage."
Topics: AI, Artificial Intelligence, Technology, Jobs
Daniel Murphy