Which frankly is an absurd thing to say --especially after 200 years of dramatic economic and social progress driven by productivity gains.
When people are saying "robots will take our jobs! We're doomed!", they're implying "productivity gains will make us poorer!"
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Humans are bad at judging in absolute terms. The feeling is that they're being screwed more than before. http://www.epi.org/publication/ib330-productivity-vs-compensation/ …
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Funny, I was thinking about the same thing!
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@nthmost It will make most people poorer. Except for the people who own the robots and infrastructure. It will make them richer. -
That would be in keeping with the patterns of history, yep.
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productivity gains will not be redistributed by high & regular wages and will go to automation owners instead.
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If (big if) there is sufficient competition, there will be no prod. gains, only lower prices.Paradox deflation/technology
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How could that not happen? Especially for people who only have manual labor skills and can't fix robots?
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Yes, robots et al lead to overall productivity gains, which is good. But individuals are worried abt their own job. Always been so
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@fchollet richer yes. But very unevenly distributed. Few rich will get richer. Robotic/AI labor should be taxed for the benefit of all.Thanks. Twitter will use this to make your timeline better. UndoUndo
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