With machines being able to beat the best of humans in intelligence-intensive games, it is not difficult to believe that AI will one day replace, fully or partially, the once complex professions such as doctors, lawyersВ and stock traders.

In 2016, GoogleвЂ™s DeepMind system, nicknamed AlphaGo, destroyed the last line of defence of human intellect, claiming victory over the reigning champion Fan Hui in Go, a 2,500-year-old game that requires a great deal of strategy and intuition, ieВ human intelligence4. Since IBMвЂ™s computer, nicknamed Deep Blue, beat world chess champion Garry Kasparov, machines have been slowly but surely beating the best humans at most games that require human intellect, including Scrabble, Othello and even Jeopardy! With the advancement of AI, white-collar jobs, which we believed only human beings could do, appear to be next. We are on the brink of a time when robots will replace not only blue-collar labour jobs. Machines have been replacing human labour since the industrial revolution but with the help of the exponential growth of computational power as well as the rise of AI and machine learning, the rate of job displacement is accelerating. This was just the early phase of the automation plan and Foxconn is only one of the many firms who are moving in that direction. In May 2016, BBC reported that Foxconn, iPhoneвЂ™s manufacturer in China, had automated 60,000 jobs in one of its factories. Technology is displacing jobs in an unprecedented manner. Human being is now entering into the fourth industrial revolution with artificial intelligence (AI), machine learning, big data, the Internet of things (IoTs), 3D printing, nanotechnology and others set to revolutionise our near future.

McLeod, Scott and Karl Fisch estimated that with the current rate of technological change, nearly 50 percent of subject knowledge acquired during the first year of a four-year technical degree could become outdated by the third year of study. General ElectricвЂ™s Discussion Paper in 2014, вЂњ The Future of WorkвЂќ, estimated that 65 percent of children entering primary education today will end up in new job types that donвЂ™t exist today. The world that we are living in is changing so fast. ADUN SPEAKS | вЂњIn the new world, it is not the big fish which eats the small fish, itвЂ™s the fast fish which eats the slow fish.вЂќ - Klaus Schwab, founder and executiveВ chairperson of the World Economic Forum.

The fourth industrial revolution jobs