Globally there is a lot of fear that artificial intelligence will lead to an elimination of jobs, and might even take over our society. And these fears aren’t based on just hunches.
A 2016 report from Citibank and the University of Oxford predicted that automation threatens 47 percent of U.S. jobs, 35 percent of U.K. jobs, and 77 percent of jobs in China.
There is a big disconnect between understanding what algorithms do, how they work, and how to look at them. Futurism wrote an interesting, in-depth article about it, that you can find right here.