Scott Pelley: Today, artificial intelligence is not as good as you hope and not as bad as you fear, but humanity is accelerating into a future that few can predict.
That's why so many people are desperate to meet Kai-Fu Lee, the oracle of AI.
Kai-Fu Lee: AI will increasingly replace repetitive jobs. Not just for blue-collar work but a lot of white-collar work.
Scott Pelley: What sort of jobs would be lost to AI?
Kai-Fu Lee: Basically chauffeurs, truck drivers, anyone who does driving for a living, their jobs will be disrupted more in the 15 to 20 year time frame and many jobs that seem a little bit complex, chef, waiter, a lot of things will become automated.
We'll have automated stores, automated restaurants, and all together in 15 years, that's going to displace about 40 percent of the jobs in the world.
Scott Pelley: Forty percent of the jobs in the world will be displaced by technology?
Kai-Fu Lee: I would say displaceable.
Scott Pelley: What does that do to the fabric of society?
Kai-Fu Lee: Well, in some sense there is the human wisdom that always overcomes these technology revolutions.