Remember 2013, when Very Serious researchers and pundits warned us that AI & robotics would cut employment by a factor of 2 within 15 to 20 years? US unemployment has gone from 8% to 3.6% in the 6 years since.
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AI doesn't have to unemploy humans; in most industries it just disempowers them. That's how we get that low unemployment with no upward pressure on wages (which violates basic economic theory but economists can't yet grapple with this). My 2015 piece: https://www.nytimes.com/2015/04/19/opinion/sunday/the-machines-are-coming.html …pic.twitter.com/6UWVT5iVZs
The point of the doomsayers from 2013 wasn't "automation will disempower workers", it was explicitly "automation will create mass employment within 20 years". Also, looking at the past 150 years, automation has not been disempowering workers -- usually, it's the opposite.
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Because ppl work for algorithms now in low paid insecure jobs
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Which "Very Serious" researchers are you mocking exactly? In 2013, there was a lot of bad coverage of a good paper by Frey and Osborne, which did not make the extreme claims you are saying were made. Of course, many journalists, experts, etc. have said all sorts of things.
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That paper is no longer state of the art/can be critiqued in various ways (as I and others did at the time), but it was seminal at the time/caveated in various ways, and has been followed up by the authors themselves and dozens of others. Do you have thoughts on that lit?
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http://Shiftcommission.work talked about a few different ideas around consequences of automation : but displacement not reduction was always one worry. How do you retrain?
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Automation does disempower workers, and has, historically. The opposite did happen, sure, but only after massive political upheaval changed the rules: no child labor, 40 hour week, unions, etc. The direct effect of automation was disempowerment. It's an important distinction.
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I don't speak for mass unemployment predictions. But logically speaking, disempowerment is fairly inevitable unless and until there is a wholesale reorganization to protect people. (There are smaller segments that are empowered in each transition but they aren't the masses.)
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