Moshe Vardi is getting some press it seems.
Originally shared by Mark Lewis
Moshe Vardi is getting some press it seems. This article is MUCH better than the one I saw in CNET. It is definitely less misleading, indicating that Moshe is saying the participation rate will drop to 50%, not the unemployment rate going up to that. Given the aging population, many 1st world nations are going to move in that direction even without automation. The problem is how to maintain social stability in a world without labor income. The future does not involve much, if any, human labor. Anyone who tells you otherwise is simply unwilling to admit that they (and everyone else) can be outperformed by machines.
http://www.geekwire.com/2016/ai-prophets-say-robots-could-spark-unemployment-and-revolution/
Moshe Vardi is getting some press it seems. This article is MUCH better than the one I saw in CNET. It is definitely less misleading, indicating that Moshe is saying the participation rate will drop to 50%, not the unemployment rate going up to that. Given the aging population, many 1st world nations are going to move in that direction even without automation. The problem is how to maintain social stability in a world without labor income. The future does not involve much, if any, human labor. Anyone who tells you otherwise is simply unwilling to admit that they (and everyone else) can be outperformed by machines.
http://www.geekwire.com/2016/ai-prophets-say-robots-could-spark-unemployment-and-revolution/
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