Recent advances in artificial-intelligence technology have raised the specter of mass displacement in labor markets.

It is no longer just blue-collar factory and construction jobs that are at risk of being taken over by machines; a wide range of professional and service jobs have become newly vulnerable as well.

In the United States, up to 47% of all jobs in the coming years. So, is the world headed toward economic devastation or will this era of job destruction also bring comparable levels of job creation?