The Rise Of Automation: How We’ll Earn Money In A Future Without Jobs
Tags: Artificial Intelligence, News, Technology
Martin Ford is a futurist who focuses on the impact of artificial intelligence on society and the economy. In this video he predicts that we could face stagnant wages and underemployment, which would result in soaring levels of inequality; he also offers up solutions to deal with the new challenges we will face as a society.
“Technology is finally beginning to encroach on that fundamental human capability. The thing that makes us so different from horses and very thing that so far has allowed us to stay ahead of the march of progress and remain relevant and in fact, indispensable to the economy.”
Ford points out fundamental reasons why today’s information technology is so different relative to the past, summarised here:
- Exponential acceleration
- Cognitive Capability
The rise of automation can threaten the very fabric of society, so how will we find meaning and motivation without a job as a catalyst? Ford suggests that an incentivised basic income could be a solution to this problem.
Read more: Elon Musk Thinks Universal Income Will Solve Problem Of Automation Taking Human Jobs
Image credit Copyright: joruba / 123RF Stock Photo
I am Luke Miller, content manager at Truth Theory and creator of Potential For Change. I like to blend psychology and spirituality to help you create more happiness in your life.Grab a copy of my free 33 Page Illustrated eBook- Psychology Meets Spirituality- Secrets To A Supercharged Life You Control Here