Experts are starting to agree that AI will replace CEO’s



  • If you can break a job into roles and tasks you can automate it, and now CEO’s are coming into the firing line…


There’s a saying – if you can describe your job in one sentence then get prepared for it to be automated. Automation has changed society as we know it, and knew it, for centuries now, and Artificial Intelligence (AI) itself, a driving force for automation, is now increasingly being seen as a double edged sword. On the one hand it’s helping us save lives, but on the other it’s helping to automate hundreds of thousands of jobs – and entire companies like Aidyia, a fully autonomous hedge fund.


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As a consequence, and with a cacophony of voices, that include the likes of Bill Gates, Stephen Hawking, Elon Musk, and now Alibaba’s Jack Ma, continually telling us to “prepare for more pain than happiness” it’s not too hard for many of us to begin thinking the worst. Ma himself, for example, has spoken at several conferences on the topic, and he believes that “social conflicts in the next three decades will have an impact on all sorts of industries and walks of life,” something that mirrors the European Union’s sentiments “that AI and automation will leave no strata of society untouched.”


Jack Ma, CEO Alibaba, talking at Davos 2017

In Ma’s case, as you can see in the video above, he feels that many of these social conflicts will arise from the rise of automation and now he’s saying that in 30 years’ time he thinks that the “Time Magazine cover for the best CEO of the year will very likely be a robot. It remembers better than you, it counts faster than you, and it won’t be angry with competitors.”


Experts: AI 'will beat humans in all tasks by 2060, and take all jobs by 2140'


Aren’t CEO’s already robots? Anyway, and if you’re thinking of a cover that has an actual robot on it then you might be disappointed – in the future it’s more than likely, as we’re already seeing today with companies like Aiydia above, and Bridgewater Associates who are busy at the moment automating their entire management team, that the CEO “robot” running the company will be AI software… and there you all were thinking of a Terminator robot sitting behind a desk, silly you, that’s this years’ photo.

About author

Matthew Griffin

Matthew Griffin, Futurist and Founder of the 311 Institute is described as “The Adviser behind the Advisers.” Among other things Matthew keeps busy helping the world’s largest smartphone manufacturers ideate the next five generations of smartphones, and what comes beyond, the world’s largest chip makers envision the next twenty years of intelligent machines, and is helping Europe’s largest energy companies re-invent energy generation, transmission and retail. Recognised in 2013, 2015 and 2016 as one of Europe’s foremost futurists, innovation and strategy experts Matthew is an award winning author, entrepreneur and international speaker who has been featured on the BBC, Discovery and other outlets. Working hand in hand with accelerators, investors, governments, multi-nationals and regulators around the world Matthew helps them envision the future and helps them transform their industries, products and go to market strategies, and shows them how the combination of new, democratised, powerful emerging technologies are helping accelerate cultural, industrial and societal change. Matthew’s clients include Accenture, Bain & Co, Bank of America, Blackrock, Booz Allen Hamilton, Boston Consulting Group, Dell EMC, Dentons, Deutsche Bank, Deloitte, Deutsche Bank, Du Pont, E&Y, Fidelity, Goldman Sachs, HPE, Huawei, JP Morgan Chase, KPMG, Lloyds Banking Group, McKinsey & Co, PWC, Qualcomm, Rolls Royce, SAP, Samsung, Schroeder’s, Sequoia Capital, Sopra Steria, UBS, the UK’s HM Treasury, the USAF and many others.

  • Dinoy Chakraborty#1

    18th September 2017

    This is exactly what is going to happen. Every person in this world is going to be replaced by AI. Ever watched iRobot? it makes sense. Never the less Judgement day :). it will be back. I feel AI has to be limited to certain professions where Human involvement is not needed at all. Like run Supermarkets.

  • William (Bill) Kemp#2

    18th September 2017

    Think of the cost saving for salaries for CEO’s!


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