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Good news! Automation capable of erasing white collar jobs is coming, but not for a decade or more. And that’s also the bad news because interest in automation accelerates during economic downturns, so once tech that can take your job arrives you’ll already have lived through another period of economic turmoil that may already have cost you your job.
That lovely scenario was advanced yesterday by professor Mirko Draca of The London School of Economics, who yesterday told Huawei’s 2018 Asia-Pacific Innovation Day 2018 that the world is currently in “an era of investment and experimentation” with technology. The effects of such eras, he said, generally emerge ten to fifteen years in the future.
Innovation in the 1980s therefore sparked the PC and internet booms of the mid-to-late 1990s, and we’re still surfing [SIC - suffering?] the changes they unleashed. “Our current era of mobile tech doesn’t measure up to the radical 1990s,” he said, as shown by the fact that productivity gains appear to have stalled for a decade or more.
[...] “We predict that AI and robotics will lead to some sort of productivity surge in ten to fifteen years,” he said, adding that there is “no clear evidence” that a new wave of technologies that threaten jobs has started.
But he also said that it will once businesses see the need to control costs.
(Score: 0) by Anonymous Coward on Monday June 11 2018, @07:30PM (3 children)
Nah, sometimes experience indicates that sometimes it is wasted effort to have a real debate. The problems are obvious, the solutions less so. Until khallow can acknowledge reality there is no discussion worth having.
(Score: 1) by khallow on Monday June 11 2018, @08:34PM (2 children)
It's not experience here that keeps you from having a real debate, but its absence. I have two decades of experience with real debate on the internet. You apparently have much less than that.
(Score: 0) by Anonymous Coward on Tuesday June 12 2018, @02:56PM (1 child)
Oooh two decades of internet discussions!! Nice presumptuous attitude with such shining additional credentials... Lol a bigger jackass than I thought. Maybe try learning about reality instead of circle jerking and flame warring.
I'm sure you got some value over 20 years, but internet discussions != reality. I stand by my assessment, fools like you pushing old school brainwashed economics are the biggest barrier to improving our world. Trust me, I get your position I justthink it is flawed.
(Score: 1) by khallow on Thursday June 14 2018, @03:11AM
Since we're doing internet discussions instead of reality, I rest my case.
So what? I'm not seeing any evidence you actually disagree with me, much less understand my position or even your own. You haven't said anything qualitative about either your opinions or my arguments.