
The jobs figures for May disappointed most analysts. But Mark Zuckerberg and Bill Gates, who built billion-dollar technology companies in two very different areas, see more seismic shifts ahead.
At his recent Harvard University commencement speech, Facebook’s FB, -0.14% chief executive Zuckerberg had some tough words for the Class of 2017. “Our generation will have to deal with tens of millions of jobs replaced by automation like self-driving cars and trucks,” he said, adding, “When our parents graduated, purpose reliably came from your job, your church, your community. But today, technology and automation are eliminating many jobs. Membership in communities is declining. Many people feel disconnected and depressed, and are trying to fill a void.”
Gates, the founder of Microsoft MSFT, +0.01% last month, sounded the same warning. Gates said he didn’t want to sound like the guy from “The Graduate,” which celebrates 50 years this year. In that movie, old Benjamin Braddock (Dustin Hoffman) was given this very famous piece of advice: “I just want to say one word to you. Just one word …Plastics,” And today? That word would likely be “robots.” Gates took his 34.8 million Twitter followers by the virtual shoulder and said “artificial intelligence” would have a huge impact. In other words, why not join the revolution? After all, that’s exactly what Zuckerberg and Gates did with social media and computer software.
At his recent Harvard University commencement speech, Facebook’s FB, -0.14% chief executive Zuckerberg had some tough words for the Class of 2017. “Our generation will have to deal with tens of millions of jobs replaced by automation like self-driving cars and trucks,” he said, adding, “When our parents graduated, purpose reliably came from your job, your church, your community. But today, technology and automation are eliminating many jobs. Membership in communities is declining. Many people feel disconnected and depressed, and are trying to fill a void.”
Gates, the founder of Microsoft MSFT, +0.01% last month, sounded the same warning. Gates said he didn’t want to sound like the guy from “The Graduate,” which celebrates 50 years this year. In that movie, old Benjamin Braddock (Dustin Hoffman) was given this very famous piece of advice: “I just want to say one word to you. Just one word …Plastics,” And today? That word would likely be “robots.” Gates took his 34.8 million Twitter followers by the virtual shoulder and said “artificial intelligence” would have a huge impact. In other words, why not join the revolution? After all, that’s exactly what Zuckerberg and Gates did with social media and computer software.
Read More: https://www.marketwatch.com/story/bill-gates-updates-the-plastics-advice-from-the-graduate-for-2017-2017-05-16
Related Article: Knowledge of the Basic Foundations in Personal Finance Is Your Most Important Asset