3 ms·
Artificial Intelligence, Automation and Work
- brownbat 9y ago"[M]uch of the debate in both the popular press and academic circles centers around a false dichotomy. On the one side are the alarmist arguments that the oncoming advances in AI and robotics will spell the end of work by humans, while many economists on the other side claim that because technological break- throughs in the past have eventually increased the demand for labor and wages, there is no reason to be concerned that this time will be any different." The paper provides a model including considerations that could swing the impact of automation either way, including some mixed outcomes. Ie, new jobs could be created to replace those displaced, but skills mismatches create long adjustment periods.