Artificial Intelligence May Replace Some Jobs, Employees Need Retraining: IT Leaders

Davos:  As artificial intelligence gains currency, leaders at top technology companies including Microsoft and IBM today said there is a need to create "new collar jobs" as innovations would replace some jobs and existing employees would need to be re-trained. Microsoft CEO Satya Nadella said Artificial Intelligence (AI) is moving on the right ladder and highlighted its importance in reviving the sluggish global GDP growth.Confident...