That has always been the case -- pessimists have been warning everyone against technology-induced mass unemployment for over a hundred years
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Unfortunately it's much easier to predict which jobs will get automated than it is to imagine which jobs will be created...
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Wave after wave of tech progress has been automating literally all jobs available in, say, 1850 or 1950. But today US unemployment is at 4%
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Remember that automation drives productivity, and productivity drives wealth, which drives employment
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Ultimately the only thing you can do with wealth is borrow the time of other humans. Money is an integral of human time (& finite resources)
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End of conversation
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I agree but One change to note is that we’re going to lose thinking jobs not physical jobs, very different societal impact
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Elimination comes naturally to humans, thanks to our evolutionary instincts. Our minds work best in subtractive modes, not additive.
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Its sad to see that governments are not very active in preparing career transitions for those people.
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2 decades back everyone was objecting computers in offices. It’s funny how many jobs computer ate and how much more it generated.
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In the long term, perhaps. In the short to medium term, it will just lead to a generation of crippling poverty.
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I agree! You might like our new report, which predicts (using Gaussian processes) a few new jobs that may be created https://www.nesta.org.uk/publications/future-skills-employment-2030 …
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