Government Must Play Big Role In Rollout Of SelfDriving Cars
By: Robert Hof January 26, 2016 Silicon Valley would just as soon government butt out, and nowhere is that more apparent today than in self-driving cars. Google GOOGL +0% and others have raked the California Department of Motor Vehicles over proposed regulations that would require autonomous cars to have a human driver in them. But […]
Robots will take your job. Yes you with the university degree. For real. It’s going to happen
By: Alexander Panette August 09, 2015 WASHINGTON — A wrecking ball is coming for the labour market, analysts warn. As computer-processing power doubles each year and machines learn from their mistakes, sources say the upcoming federal budget will examine the potential of artificial intelligence to disrupt — industries, politics, and entire societies. It’s been mostly […]
After Robots Take Our Jobs, This Is What the Economy Will Look Like
By: Jack Smith IV June 10, 2015 Imagine a world where robots perform the vast majority of our jobs. Food is factory-farmed by automated machines and delivered to us by fleets of drones and self-driving trucks. Our houses are built by giant, roving 3-D printers. We’re free to simply pursue our passions and explore. Now […]
FT interview with Google co-founder and CEO Larry Page
By: Richard Waters October 31, 2014 Wouldn’t the world be a happier place if 90 per cent of the people with jobs put their feet up instead and left the robots to do the work? Why didn’t the last house you bought cost only 5 per cent of what you paid for it? And is […]
Profits Without Prosperity
By: Harvard Business Review September 1, 2014 Five years after the official end of the Great Recession, corporate profits are high, and the stock market is booming. Yet most Americans are not sharing in the recovery. While the top 0.1% of income recipients—which include most of the highest-ranking corporate executives—reap almost all the income gains, good […]
Why work more? We should be working less for a better quality of life
By: David Spencer February 14, 2014 The focus of conventional employment policy is on creating “more work”. People without work and in receipt of benefits are viewed as a drain on the state and in need of assistance or direct coercion to get them into work. There is the belief that work is the best […]
How Technology Is Destroying Jobs
By: David Rotman June 12, 2013 Given his calm and reasoned academic demeanor, it is easy to miss just how provocative Erik Brynjolfsson’s contention really is. Brynjolfsson, a professor at the MIT Sloan School of Management, and his collaborator and coauthor Andrew McAfee have been arguing for the last year and a half that impressive […]
Leveraging Inequality
By: International Monetary Fund December 1, 2010 THE United States experienced two major economic crises over the past 100 years—the Great Depression of 1929 and the Great Recession of 2007. Income inequality may have played a role in the origins of both. We say this because there are two remarkable similarities between the eras preceding these […]
Will AI Help or Hurt Workers? One 26-Year-Old Found an Unexpected Answer.
By THE WALL STREET JOURNAL Published on December 29, 2024 New research shows AI made some workers more productive—but less happy. Daron Acemoglu, the Massachusetts Institute of Technology professor who recently won the Nobel Prize in economics, worries that artificial intelligence will worsen income inequality and not do all that much for productivity. […]