CUBAN: We are about to enter a period of artificial intelligence and machine learning

Billionaire entrepreneur Mark Cuban’s prediction for the future of the workforce includes more robots and less human workers.

“We’re about to go into a period with artificial intelligence, machine learning, deep learning, those things where we literally are going to see a change in the nature of employment,” Cuban said in an interview with CNN’s Jake Tapper.

In that same interview, he criticised President Trump’s leadership skills before calling Trump “technologically illiterate.”

He used that claim as a lunch point to discuss the swiftly evolving nature of jobs due to automation, using Trump’s work with US factories to underscore his point.

“Pay attention to the number of jobs in those companies two and three years out,” Cuban said. “I guarantee they are going to be 30 and 40% lower.”

Trump has been touting his role in US job creation, using announcements like General Motors’ pledge to invest $US1 billion into US factories, as examples of places his pressure has helped American workers.

Cuban, however, counters that companies that are building factories will actually have a lower net employment once the factory is complete, since the factories will have robots and other automated processes that will take jobs away from humans.

“He thinks he’s creating more jobs, when in essence that’s not happening,” Cuban said in interview in February with Bloomberg’s Cory Johnson.

Watch the full CNN interview:


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