Billionaire Jack Ma says that AI will make the future working week 12 hours and allow us to spend & # 39; more time being people & # 39;
- Billionaire Jack Ma says that AI will pave the way for a 12-hour working week
- That means working three days a week for just four hours a day
- Ma & # 39; s own company, Alibaba, has often promoted a 72-hour working week
Billionaire Jack Ma said Thursday provides a bright new future for the chronically overworked: a 12-hour working week.
According to Ma, a Chinese business magnate who helps mega retailer Alibaba, the enormous advances in artificial intelligence and educational reforms mean that many employees can ultimately only work a quarter of their current weekly hours.
Theoretically, that would mean that you would only have to work three days a week for four hours a day, he told Tesla's CEO Elon Musk at an AI conference in China.
Alibaba chief Jack Ma (pictured above) thinks that employees with the right progress in AI and the education system can soon enjoy a 12-hour working week.
& # 39; For the next 10, 20 years, every person, every country, and every government should focus on the education system reform and ensure that our children find a job, a job that is only three days a week, four hours a day required, & # 39; Ma said Thursday at the World Artificial Intelligence Conference in Shanghai Bloomberg.
Allegedly, Ma continued to compare AI's progress with the rapid rise of electricity and all associated ripple effects.
& # 39; The power of electricity is that we give people more time so that you & # 39; go to karaoke or dance party in the evening, he said.
& # 39; I think artificial intelligence gives people more time to be people, & # 39; he said.
For just about everyone around the world, a 12-hour working week would mean a drastic reduction in the time spent on their work.
For example, while the number of employees varies across age and sector, average US employees currently only work 40 hours a week, according to data from the American Bureau of Labor Statistics.
In other countries, such as South Korea, the government has recently adopted a law that limits the maximum working week from 68 hours to 52 hours.
As noted by Bloomberg, in Ma's home country, the technology sector is best known for its debilitating work schedule.
Leading technology companies have become notorious for working their employees 12 hours a day, six days a week.
The average number of weekly hours varies around the world, with adults in the US working around 40 hours a week, while workers in other sectors – such as the technical sector in China – can work as many as 72 a week.
Interestingly, both Ma and his company Alibaba have promoted such a schedule – called 996 because employees work six days a week from 9:00 AM to 9:00 PM – and have recently received retroactive power from employees for not compensating for the intense workload with overtime pay .
"Being able to work is a huge blessing," said Ma in a blog post on Alibaba & # 39; s official Weibo account.
& # 39; If you want to become a member of Alibaba, you must be willing to work 12 hours a day, otherwise why would you even sign up. & # 39;
Musk, who often disagreed with Ma & # 39; s characterization of a benevolent future AI, took the opportunity to promote one of his own most futuristic side projects: building a brain-to-computer interface.
Musk's often mysterious company, Neuralink, has been working on building a device that he says may one day just send information to the brain & # 39; Matrix style & # 39; can upload.
HOW WILL ROBOTS CHANGE THE WORKPLACE IN 2022?
The World Economic Forum has revealed its latest predictions for the future of jobs.
The 2018 report interviewed executives of 15 million employees in 20 economies.
The non-profit expects that robots, AI and other forms of automation will drastically change the workplace within the next four years.
Jobs predicted displacement: 75 million
Forecasted jobs to be created: 133 million
Share of employees who require additional training: 54 percent
Companies that want to reduce their permanent workforce: 50 percent
Companies that expect specialized contractors: 48 percent
Companies that expect to grow their workforce: 38 percent
Companies that expect that automation will increase the workforce: 28 percent
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