AI is NOT cutting jobs BUT creating them

There is a popular myth about Artificial Intelligence, It will take jobs away and create lot of unemployment. However the situation is quite opposite. It is creating jobs.

We have ear marked 5 positions for Q1 and Q2 2018, to work on our Artificial Intelligence offering under guidance of our AI head Mr. van de Belt. There 5 new jobs wouldn’t have been there if there is no AI.

Is it possible, the fear of job losses created by people who are doing little or nothing to add value to their current job? I believe the same rumors were quite normal in 1950’s and 1960’s about computers.

Granted AI needs careful guidance and creation. Every new invention to-date has been used for bad things first. Believe it or not, Internet was first popularized by the porn industry! So is internet payments.

But there is no reason to be afraid of job losses, unless one’s job is so outdated and not quite adding any value to one’s organization, with or without AI, the job loss is always there.