Saturday 17 November 2018

Osinbajo raises concern over threat of robots, artificial intelligence

- The growing threat posed to humans by the deployment of robots and artificial intelligence in work places is a source of concern for Vice President Yemi Osinbajo

- He says the country is contending with how technology is redefining the structure of industry and commerce and the skills required to function in them

- The vice president says the same functions some people perform are being performed far more efficiently and even cheaper by robots and artificial intelligence

Vice President Yemi Osinbajo has raised concern over the growing threat posed to humans by the deployment of robots and artificial intelligence in work places.

Osinbajo stated this at the closing ceremony of the 50th anniversary celebrations and annual conference of the Chartered Institute of Personnel Management (CIPM) in Abuja on Friday, November 16, NAN reports.

Legit.ng gathers that the vice president said that to brace up for the challenge, the federal government was focusing on imparting employable skills on students from primary school to tertiary education.

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According to him, no sensible discussion of the economy can be done without acknowledging the role of the people.

He said that in the next few years, Nigeria would be contending with having one of the largest youth populations in the world.

Osinbajo said: “We will be the third most populous nation in the world. What sort of skills will these young men and women require? Where will they work?

”Already, we are contending with how technology is redefining the structure of industry and commerce and the skills required to function in them.

“But more disturbing is the growing apprehension of redundancy of many who today work in the millions of jobs that may be unnecessary as robots and artificial intelligence perform the same functions far more efficiently and even cheaper.

“What will retraining this possibly redundant workforce entail? What happens to pensions of retired humans when the majority of current workers are robots who earn nothing?

“How about the growing concerns about work life balance? What sort of work environment makes for the most productive worker?

”Is it the formal workspace which we are used to or something less constraining more flexible as we are seeing in the new technology companies.’’

He said that the third major pillar of the Economic Recovery and Growth Plan was called investing in people; on human capital development.

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Meanwhile, Legit.ng previously reported that Vice President Yemi Osinbajo accused the Goodluck Jonathan administration of carrying out grand corruption with impunity during its tenure.

Osinbajo made the accusation on Monday, November 12, when delivering the 40th anniversary lecture of the Association of Friends in Lagos.

NAIJ.com (naija.ng) -> Legit.ng We have updated to serve you better

Laolu Akande Speaks on How Presidency is Tackling Economy | Legit TV

Source: Legit.ng



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