Wednesday 19 April 2017

AI and robots will take our jobs - but better ones will emerge for us

AI and robots will take our jobs - but better ones will emerge for us

The fear that robots will soon take your jobs has a grain of truth to it - however, the future paves the way for more jobs for humans, based in technological innovation. An increasingly popular concern is that robots will eat up labour’s share of income at an accelerating rate, leaving ordinary workers impoverished and unemployed. A common dinner conversation topic in Silicon Valley is universal basic income, and the typical argument advanced for UBI is that we are destined to indefinitely continue losing jobs faster than we replace them. Variants on this theme have circulated since the dawn of the Industrial Revolution.

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