{"id":22105,"date":"2016-02-14T21:17:13","date_gmt":"2016-02-15T05:17:13","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/2016\/02\/indias-finance-minister-isnt-afraid-of-robots"},"modified":"2017-06-04T20:11:06","modified_gmt":"2017-06-05T03:11:06","slug":"indias-finance-minister-isnt-afraid-of-robots","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2016\/02\/indias-finance-minister-isnt-afraid-of-robots","title":{"rendered":"India\u2019s finance minister isn\u2019t afraid of robots"},"content":{"rendered":"<p><a class=\"blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/indias-finance-minister-isnt-afraid-of-robots.jpg\"><\/a><\/p>\n<p>I agree; still a lot of work to be done in order for AI to have a huge impact around taking most of the jobs away. Besides, with new technology comes new careers.<\/p>\n<hr>\n<p>India\u2019s finance minister isn\u2019t worried about jobs being lost in the country\u2019s manufacturing sector despite warnings that industrial robots will dramatically reduce the need for factory workers in coming decades.<\/p>\n<p>\u201cI still have faith in human ingenuity, that even when jobs are lost in certain sectors \u2026 more jobs will be created because of that increased economic activity in other sectors,\u201d Arun Jaitley told CNN\u2019s Fareed Zakaria on Sunday at the CNN Asia Business Forum in Mumbai.<\/p>\n<p>Economists are increasingly concerned that developments in artificial intelligence and robotics will disrupt the business world in a similar way to previous industrial revolutions, leading to job losses.<\/p>\n<p><a href=\"http:\/\/money.cnn.com\/2016\/02\/14\/news\/economy\/make-in-india-arun-jaitley-finance-minister\/index.html\" target=\"_blank\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I agree; still a lot of work to be done in order for AI to have a huge impact around taking most of the jobs away. Besides, with new technology comes new careers. India\u2019s finance minister isn\u2019t worried about jobs being lost in the country\u2019s manufacturing sector despite warnings that industrial robots will dramatically reduce [\u2026]<\/p>\n","protected":false},"author":395,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,39,1878,45,6],"tags":[],"class_list":["post-22105","post","type-post","status-publish","format-standard","hentry","category-business","category-economics","category-employment","category-finance","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/22105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/395"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=22105"}],"version-history":[{"count":3,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/22105\/revisions"}],"predecessor-version":[{"id":68458,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/22105\/revisions\/68458"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=22105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=22105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=22105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}