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I am currently a third of the way through Robert Gordon's "The Rise and Fall of American Growth". It does seem to argue that the low-hanging fruits of industria
by jdkee 7y ago
I am currently a third of the way through Robert Gordon's "The Rise and Fall of American Growth". It does seem to argue that the low-hanging fruits of industrialization have been harvested, in terms of material wealth, and future productivity gains will be limited in perspective.
See https://www.goodreads.com/book/show/26634594-the-rise-and-fall-of-american-growth https://www.goodreads.com/book/show/26634594-the-rise-and-fa...
- galaxyLogic 7y agoI haven't read that book but I wonder if he overlooks the power of mobile information technology to make people work smarter together and smarter in general with online information always accessible, and help from AI for finding the relevant needed advice for each task or part of task. In general it has been predicted that the next level of automation is intellectual automation driven by AI. The work of lawyers and doctors and even computer programmers can be done by AI they predict. Or at least AI becomes a powerful helper for them. Does this mean there will be mass unemployment? Well I think it is just fine if work-week is reduced to one day. The only issue is financial inequality but that is easily taken care of with progressive taxation.
- newsgremlin 7y agoMethinks AI will be used like google is used today. Humans still need to make the decisions but AI will provide us with the information and conclusion of what should be done. Then it will definitely feel like AI is nearly ready to take over jobs completely around the next corner. We'll really progress when AI cannot be tricked by politicians double speak.