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Fortune

Jason Ma

Top China VC Kai-Fu Lee says his prediction that AI will displace 50% of jobs by 2027 is 'uncannily accurate'

Kai-Fu Lee gestures with hand while talking (Credit: Hollie Adams—Bloomberg via Getty Images)

Years before OpenAI's ChatGPT showed the world what generative artificial intelligence technology could do, venture capitalist Kai-Fu Lee saw AI's disruptive potential in the labor market.

The chairman and chief executive of Sinovation Ventures predicted in 2017 that AI would be bigger than all of humanity's previous technology revolutions combined, including electricity and the internet, adding that AI is far more capable than people.

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