We are in the midst of an unprecedented 4th Industrial Revolution that according to Klaus Schwab, founder and chairman of the World Economic Forum (WEF), “will affect the very essence of our human experience.” Powered by artificial intelligence, autonomous vehicles, robots and other breakthroughs, these changes will come at us at rates that made the Industrial Revolution look like a period of stability. We are already seeing this shake the very foundations of our economies, with labor productivity growth rates skyrocketing, while rates of worker dislocation, the lion’s share powered by technology, is growing.
Editor’s note: Atkinson spoke about opportunities and challenges associated with artificial intelligence on March 23, 2017 at a conference hosted in Brussels by Bruegel, a European economic think tank specializing in economics. This essay is adapted from his remarks.
- Read the essay here: https://itif.org/publications/2017/09/19/artificial-intelligence-robotics-and-future-work-myths-and-facts?mc_cid=9a9bb175c3&mc_eid=516b8cfbb6
- Watch on YouTube: https://www.youtube.com/watch?time_continue=10&v=ZT4is7eR158
Courtesy:
- Information Technology & Innovation Foundation: itif.org
- Bruegel: bruegel.org
...and the debate rages on... #AI
