Martin Ford There’s Going To Be Less Need For Human Workers (Techno Talk)

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Martin Ford There’s Going To Be Less Need For Human Workers (Techno Talk)

Rise of the Robots: Technology and the Threat of a Jobless Future is a 2015 book by American futurist Martin Ford. Rise discusses the impact accelerating change and artificial intelligence will have on the labor market. His thesis is that there will be great social and economic disruption, as educated workers will no longer be able to find employment; unlike in previous technological revolutions, very few new jobs will be created in the course of the ongoing disruption.[1]

While technological advances in the previous century mainly displaced more uneducated laborers, the 21st century is seeing technology increasingly threatening skilled workers’ jobs as well. Lawyers, radiologists and software designers have seen their work outsourced to the developing world. Ford believes that unlike previous centuries, the current emerging technologies will fail to generate new forms of employment; he predicts that new industries will “rarely, if ever, be highly labor-intensive”. Companies like YouTube and Instagram are based on “tiny workforces and huge valuations and revenues”.[2] Ford downplays the benefits of expanding education (“The problem is that the skills ladder is not really a ladder at all: it is a pyramid, and there is only so much room at the top”), and argues for a “dramatic policy response” such as a guaranteed basic income.[3]
Many economists disagree with Ford’s thesis that the IT revolution is fundamentally different from previous technological revolutions.[4] Libertarian economist Robin Hanson argues that the recent ominous labor trends may have causes other than automation, such as “demographics, regulation, worker values, organization practices, and other technologies”.

Martin Ford is a futurist and author focusing on artificial intelligence and robotics, and the impact of these technologies on the job market, economy and society.
He has written three books on technology. His 2015 book, Rise of the Robots: Technology and the Threat of a Jobless Future, was a New York Times bestseller and won the £30,000 Financial Times and McKinsey Business Book of the Year Award.
Ford’s most recent book, Architects of Intelligence: The Truth about AI from the People Building It (2018) consists of conversations with the most prominent research scientists and entrepreneurs working in the field of artificial intelligence, including Demis Hassabis, Geoffrey Hinton, Ray Kurzweil, Yann LeCun, Yoshua Bengio, Nick Bostrom, Fei-Fei Li, Rodney Brooks, Andrew Ng, Stuart J. Russell and many others. The conversations recorded in the book delve into the future of artificial intelligence, the path to human-level AI (or artificial general intelligence), and the risks associated with progress in AI.
His first book, The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future (2009) also dealt with the effects of automation resulting from advances in artificial intelligence, and the potential for structural unemployment and dramatically increasing inequality.
Ford earned a BSE in computer engineering, magna cum laude, from the University of Michigan, Ann Arbor, and a graduate business degree from the UCLA Anderson School of Management. Wikipedia

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Comments

Madeleine Swords says:

Where is the triffin dilemma, and Brent Wood in this fairy story?
And the job transfer to China India srilanka Taiwan Bangladesh?
Machines didn't decide, people did.Machines aren't better than humans , and machines can't replace people

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