Some researchers expect that 10 to 20 percent of jobs for college graduates will be replaced by AIs in the next two decades.

This is in addition to many other jobs that will be eliminated — drivers, for instance, and supermarket sales jobs.

We are already seeing the effects of this, in long-term unemployment of people who have given up looking for jobs. All economic growth goes to the rich few, so it creates few jobs. The jobs lost to computerization will not be replaced by other jobs.

If you are a young person now and you are not brilliant or aiming at a career such as medicine, I recommend that you not get yourself in debt to go to college. You'll never pay that debt off. Instead, organize for your state to adopt Oregon's plan for funding a college education. If it takes ten years to win, you can go to college then, and you'll still be better off.

Passing the entrance exam for a Japanese university is less challenging for an AI than you might suppose. Those exams focus on rote learning, so passing requires a lot of knowledge but no creativity. It does, however, require human-style common sense for the reading comprehension, and that is the central challenge in AI.