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Published on 13 Nov 2017 | 6 days ago

For now, at least, we have better things to worry about.


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Sources:
economics.mit.edu/files/11563
www.aeaweb.org/full_issue.php
voxeu.org/article/how-computer-automation-affects-occupations
www.opensocietyfoundations.org/sites/default/files/future-work-lit-review-20150428.pdf
obamawhitehouse.archives.gov/sites/whitehouse.gov/files/documents/Artificial-Intelligence-Automation-Economy.PDF
www.vox.com/2015/7/27/9038829/automation-myth
www.amazon.com/dp/B00PWX7RPG/ref=dp-kindle-redirect
www.amazon.com/Second-Machine-Age-Prosperity-Technologies-ebook/dp/B00D97HPQI/ref=sr_1_1
www.amazon.com/New-Division-Labor-Computers-Creating/dp/0691124027/ref=sr_1_1 ?
www.oxfordmartin.ox.ac.uk/downloads/academic/The_Future_of_Employment.pdf

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Recent advancements in artificial intelligence and robotics have commentators worrying about the coming obsolescence of the human worker. Some in Silicon Valley are even calling for a basic minimum income provided by the government for everyone, under the assumption that work will become scarce. But many economists are skeptical of these claims, because the notion that the the economy offers a fixed amount of work has been debunked time and time again over the centuries and current economic data show no signs of a productivity boom. Fortunately, we don't need to divine the future of the labor market in order to prepare for it.

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