Will artificial intelligence become a Damocles sword over humanity's head?

The big question today in every corner of the world, including India, is this: Will the new technology wave AI create similar violent protest movements and what kind of resolution will be reached?

Technological unemployment occurs when developments in technology and working practices cause some employees to lose their jobs. The phrase and the event appear to have headline status nowadays. 

Here is the Financial Times from London: “Tech companies axe jobs…”; and closer home, the Times of India: “IT (information technology) jobs slowdown: Sector sees 10 per cent dip…”. There are also the modern-day proofs to establish a topic’s popularity: Reddit has multiple discussions on the issue, and Wikipedia has an article devoted to it. This entry reviews the unemployment caused by technology through the ages and says