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A prominent figure in tech and venture capitalism, Kai-Fu Lee, reiterated his forecast that by 2027, AI would replace half of the global workforce.&nbsp; 
Lee, renowned for his roles at Apple, Microsoft, and Google, reaffirms his 2017 prediction of AI’s capability to automate repetitive tasks such as truck driving and telemarketing, supported by the rise of Generation AI. 
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Lee <a href="https://fortune.com/2024/05/25/ai-job-displacement-forecast-50-percent-2027-kai-fu-lee-chatgpt-openai/" target="_blank" data-type="link" data-id="https://fortune.com/2024/05/25/ai-job-displacement-forecast-50-percent-2027-kai-fu-lee-chatgpt-openai/" rel="noreferrer noopener nofollow">said</a>, “These are things that are superhuman, and we think this will be in every industry, will probably replace 50% of human jobs, create a huge amount of wealth for mankind and wipe out poverty.” 
Lee, currently leading Sinovation Ventures and 01.AI, believes AI will surpass electricity and the internet in importance. His predictions are rooted in China’s advancements in AI, a field he believes China will lead.&nbsp; 
Lee’s statements highlight ongoing debates about AI’s impact on jobs and its transformative potential. As industries adapt, Lee’s insights continue to shape discussions on AI’s future. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/05/25/elon-musk-predicts-ai-dominance-in-future-jobs/" target="_blank" rel="noreferrer noopener">Elon Musk Predicts AI Dominance in Future Jobs</a> 
</blockquote>

Kai-Fu Lee Insists AI Will Replace 50%of Jobs by 2027

The Crypto Times

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