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All: AI & Employment

AI Robots as Job Terminators?

From even back in 2016 there have been a virtual barrage of reports warning that robots and automation could displace even over 50% of the workforce in the next few decades. Now in 2024 with AI robots, is it still safe to predict jobs will remain as a solution to wealth distribution?

During the almost 300 years of the industrial revolution growth age, new jobs have soon emerged to take the place of those replaced by automation, but although it is repeatedly claimed that this shows how technology creates as may jobs as it makes redundant, this deeper look makes it clear it’s not technology that’s been creating those new jobs, and as with Aesop’s fable of the boy who cried wolf, while we may have lost faith in the profits of job losses, it doesn’t mean those job losses will never arrive.

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AI & Employment

AI Robots as Job Terminators?

AI Robots as Job Terminators?

From even back in 2016 there have been a virtual barrage of reports warning that robots and automation could displace even over 50% of the workforce in the next few decades. Now in 2024 with AI robots, is it still safe to predict jobs will remain as a solution to wealth distribution?

During the almost 300 years of the industrial revolution growth age, new jobs have soon emerged to take the place of those replaced by automation, but although it is repeatedly claimed that this shows how technology creates as may jobs as it makes redundant, this deeper look makes it clear it's not technology that's been creating those new jobs, and as with Aesop's fable of the boy who cried wolf, while we may have lost faith in the profits of job losses, it doesn't mean those job losses will never arrive.

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AI & AI Robots: 3 steps to “we aren’t ready!”

AI & AI Robots: 3 steps to “we aren’t ready!”

If leading experts are correct, AI robots are coming and will take our jobs, so how will we afford robots to make our lives better? So far, there have been 3 steps, to understanding what is coming: 1) Seeing how already in 2024 AI and Robots have already reached a tipping point, 2) Reading what the experts say before dismissing the threat to jobs and assuming that new jobs will be created as they have in the past, 3) Understanding that Univeral Basic Income (UBI) won't be enough. Elon Musk and others currently propose a form of Univeral Basic Income UBI as the future, but the future for people like Elon Musk who work on and profit from the AI and Robots seems much clearer than for those who made redundant. How does Elon Musk asking for remuneration valued at $55 billion while Tesla is laying off over 10% of staff consistent with a world where everyone enjoys wealth through AI? If this AI and robot future is real, then the entire capitalist system needs at least serious revision, and the solution may come from everyone owning robots.
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