Sam Shead reports in Inc.:
"The question is whether the impact will be positive or negative?" reads the ARM report. "On one hand, increased automation means greater efficiency and productivity, better employee safety and even a higher standard of living (more free time, lower prices). However, AI may also cause job losses and fundamentally change traditional employment."
Artificial intelligence (AI) is expected to kill off 5 million human jobs by 2020 but some industries are more at risk than others.
UK chip designer ARM released a report on Tuesday highlighting which industries consumers expect to be disrupted the most by AI machines.
The report -- carried out in partnership with Northstar Research Partners and based on responses from 3,938 consumers -- found that people expect everything from banking to farming to be impacted by AI.
The report goes on to question whether humans need a guaranteed "living wage" as robots take their jobs and whether companies should pay a "robot tax" as they are replacing human tax payers.
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