Browsing Category AI and Robots

Automation and jobs

If you are prognosticating in about 1970, and someone asks, “what will happen now that women want to join the workforce, but office automation is going to destroy all their jobs?” It would be a pretty gloomy forecast.

What actually happened: Female labor force increased from 20 million to 75 million. The female participation rate increased from below 35% to 60%. Women’s wages relative to men rose — they moved in to higher productivity activities than typing the same memo over a hundred times. Businesses expanded. And no, 55 million men are not out on the streets begging for spare change.

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Amazon acquires 91,000 employees. Robots are coming, the human usurption begins

Amazon aquires WholeFeeds, 91,000 employees and this is their press release, lets read it together and do its forensics… “Amazon has no plans to use the technology it developed for Amazon Go to automate the jobs of cashiers at Whole Foods. No job reductions are planned as a result of the deal.” – Amazon Spokesperson

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AI wouldn’t predict AI. The best experts are the ones who have fooled themselves

Experts predict AI will outperform humans in many activities in the next ten years, such as translating languages (by 2024), writing high-school essays (by 2026), driving a truck (by 2027), working in retail (by 2031), writing a bestselling book (by 2049), and working as a surgeon (by 2053). Researchers believe there is a 50% chance of AI outperforming humans in all tasks in 45 years and of automating all human jobs in 120 years.

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Robots v. Inequality

Are Reagan-Thatcher countries the only ones with robots? My image, perhaps it is wrong, is that plenty of robots operate in Japan and Germany too, and both countries are roughly just as technologically advanced as the US. But Japan and Germany haven’t seen the same increase in inequality as t…

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