Job creation in manufacturing reached its peak in the United States in 1980 and has been on the decline ever since, accompanied by stagnating wages in the middle class, said Vardi.
Today there are more than 200,000 industrial robots in the country and their number continues to rise.
Meanwhile, Bart Selman, professor of computer science at Cornell University, said that investment in artificial intelligence in the United States was by far the highest-ever in 2015, since the birth of the industry some 50 years ago.
Business giants like Google, Facebook, Microsoft and Tesla, run by billionaire Elon Musk, are at the head of the pack.
Also, the Pentagon has requested 19 billion for developing intelligent weapons systems.
What is concerning about these new technologies is their ability to analyze data and execute complex tasks.
This raises concerns about whether humans might one day lose control of the artificial intelligence they once built, said Selman.
This has led scientists to call for the establishment of an ethical framework for the development of artificial intelligence, as well as safeguards for security in the years to come.