Hope CEO issues an artificial intelligence warning

John Hope Bryant, CEO of Hope Operation, warned on Wednesday that the risk of job elimination by artificial intelligence would disproport those who “below the pyramid”.

He urged governments to invest more resources in advanced training and middle classes, as well as young generations, on technology that can ultimately help improve productivity and economy worldwide, he said.

“We don’t spend almost enough time focusing on the bottom of the pyramid,” said Bridant Julia Burstin at CNBC Get off live in Singapore on Wednesday. “The shop of conveniences (jobs) disappeared, the grocery jobs have disappeared … It’s not the future. It’s now.”

“So, if you have a high school and a limited capital of relations, and you do not have a government and a private sector that prioritizes (advanced training of people on II) … Five years between 2025 to 2030, the world will pass you,” Bridant said.

Promoting and distributing II will create massive waves of change, said Brianant, who is also the founder of the Hope, financial literacy and the economic possibility of a non -profit organization.

“What people don’t understand is that literally everything we see will be artificial intelligence. It is a complete overcoming society,” he said. “It’s like a horse and gods of 1850 in America … when a car was introduced … for 10 years, the horse became insignificant.”

A US economy, In particular, it faces big problems, as the country’s state debt is currently restrain With more than 36.2 trillion.

“So you can say, well, to solve this deficit, we have to cut, cut, cut. But in my opinion, you cannot cut yourself, (tens of trillion) that costs debt,” said Briaant CNBC.

“How about a new idea? Let’s grow a pie. How about we get another 10 or 20% of the pyramids who are eager to teach them, stimulating companies to invest in them … and it can add 3-4% GDP every year for the next five-10 years,” Bridant said.

He said that governments should pursue a tax policy that encourages companies to create students or internships that teach people to use II. He also suggested that financial literacy and entrepreneurship should be offered at school.

“The problem we have today, you have all this wealth when they create more money – and the money that creates more money is more valuable than the workers, creating more money,” Briaant said.

The events of the class have expanded, and for the working and middle classes it became more difficult to “climb the stairs,” he said. “Now we are wealthy, which occupy more. It’s a fact (and) that is not sustainable.”

Thus, the long -term solution is investment in working and middle classes, as well as young generations, providing opportunities to improve and much more.

The risks do not make “they can become bad,” Brianant said. “As a society, you have dysfunction, you have breakdowns … If you do not bring people with you, they will fight you, or worse, and markets and economics hate noise and friction.”

“We need to increase the economy and reduce the waste at the same time. We want people to become billionaires and multimilliona, so (as) stopped demonizing wealth,” he said, and the best way to rally- “give them participation in the future.”