China digital economy to create 415m jobs by 2035

China’s digital economy, already home to the world’s largest population of internet and smartphone users, is likely to create 415 million jobs by 2035, bolstering technology’s share to 48% of gross domestic product, according to forecasts by the Boston Consulting Group and AliResearch Institute. Low-skilled, menial and repititive jobs will be replaced by robots, artificial intelligence and intuitive technologies such as touch screens, as well as voice and facial recognition software. Technology would displace menial jobs but would also create new opportunities, the report said. According to the South China Morning Post, the forecasts come at a time when AI invested by two of the world’s largest internet search operators is increasingly showing its mettle in competitions against humans, with Google’s DeepMind and Baidu’s AI bot making greater achievements.