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Is Artificial Intelligence (AI) the End of ‘Man’s Slavery'?

As the world continues to be pervaded by rapid technological advances characterized by increased automation and demand for cloud storage, there has been a notion that human work is set to be displaced with artificial intelligence (AI).
According to a report published on Forbes Magazine, Stanford is planning to host an event dubbed: “Intelligence Augmentation: AI Empowering People to Solve Global Challenges.”  The imminent function was prompted by the misguided belief that AI will drive many individuals jobless.
Several AI researchers have advanced the narrative that “AI will supplement humans rather than substituting them.” 
“AI is going to bring humans and machines closer together. It is not about machines replacing humans. Humans and machines have different relative strengths and weaknesses, and it’s about the combinations of these two that will allow human intents and business process to scale,” business leader Robin Bordoli was quoted by the Forbes Magazine.
Bordoli’s assertion is well summed up by former IBM CEO Gina Rometti who stated in a 2018 Wall Street Journal open editorial: “AI is better understood as augmented intelligence and complements rather than replaces human cognition.”
AI is credited for doing things more quickly, accurately and cheaply than humans can do. This means that AI can deliver tasks more accurately and cheaply where there’s no economic justification for continued human involvement.
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