Globally, no city is even close to being prepared for the challenges brought by AI and automation
Cities are ground zero for the 4th industrial revolution. 68% of the world’s population will live in cities by 2050, per UN estimates. During the same period, AI is expected to upend most aspects of how those people live and work.
Many cities are focused on leveraging technology to improve their own economies — such as becoming more efficient and sustainable “smart cities” or attracting companies to compete with Silicon Valley. But the majority of cities have ignored or downplayed the potential and significant downsides of the rise of automation, Oliver Wyman concluded after interviewing more than 50 business and city leaders and reviewing 250 city planning documents.
Read More at Axios
Read the rest at Axios