Report Finds Rise Of Artificial Intelligence Could Spark Mass Unemployment And Inequality

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A new report suggests that robots with artificial intelligence could replace humans in several job sectors. Tatiana Shepeleva/Shutterstock

Fears about human workers losing their jobs to machines have been fueled by a 72 percent increase in the number of industrial robots in the U.S. over the past decade, although with investment in artificial intelligence (AI) soaring, things could be about to get a lot worse. This is according to a new 300-page report by Bank of America Merrill Lynch (BAML), which details the potential impact of the impending robot revolution on the job market.