Artificial intelligence will replace half of all jobs in the next decade, says widely followed technologist

Artificial intelligence

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Robots are likely to replace 50 percent of all jobs in the next decade, according to Kai-Fu Lee, founder of venture capital firm Sinovation Ventures and a top voice on tech in China.

Artificial intelligence (AI) is the wave of the future, the influential technologist told CNBC, calling it the “singular thing that will be larger than all of human tech revolutions added together, including electricity, [the] industrial revolution, internet, mobile internet — because AI is pervasive.”

“It is the decision engine that will replace people,” Lee said, adding that AI capabilities far exceed those of humanity.

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