Alibaba’s Jack Ma Says Next Great CEO Could Be A Robot
Robotics is taking the world by storm. Factory workers are being replaced by robots and in the future, we could also get to see machines replace world’s top CEO. A few reports published in the media suggests Jack Ma, the founder and chairman of Chinese e-commerce titan Alibaba, predicts “a robot will likely be on the cover of Time magazine as the best CEO” in 30 years”
The statement was made in a portion of a speech during the conference hosted by China Entrepreneur Club. Here he warned the world to be prepared for the disruption caused by robots and the use of automation in the jobs market.
He said “In the next 30 years, the world will see much more pain than happiness,”
Jack ma has a prediction for the long term where he says robots will help humans, even contribute towards a shorter week.
He said: “In 10 or 20 years, people will work less than four hours a day, maybe three days a week,” said Ma, as reported by CNN.
PriceWaterhouseCoopers in one of its recent surveys found 58% of CEOs plan to cut jobs over the next five years because of robotics, while 16% said they plan to hire more people.