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Key Words: Why we’re not ready for ‘the fastest transition humankind has experienced’

‘These will be the best of times and the worst of times. If we act rationally and quickly, we can bask in what’s best rather than wallow in what’s worst.’

That’s Kai-Fu Lee, founder and CEO of Chinese VC giant Sinovation Ventures, sounding the alarm on what he says is “the fastest transition humankind has experienced,” as competition between China and the U.S. spark intense advances in artificial intelligence.

“The change will be massive, and not all of it good,” he wrote in a piece for the MIT Technology Review. He specifically warned that inequality will widen as jobs get swallowed up in numbers well beyond some of the grimmest of forecasts.

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