There will still be jobs in the Age of Artificial Intelligence
Washington
THE world has no shortage of pressing issues. There are 1.6 billion people living in acute poverty; an estimated 780 million adults are illiterate. Serious problems are not confined to the developing world: "deaths of despair", for example, are raising mortality among white males in the United States. Even when advanced economies grow, they are not lifting all boats. Higher-income groups thrive while lower-income households and minority groups are consistently left behind.
And now some analysts suggest that new forms of computer programming will compound these developments, as algorithms, robots and self-driving cars destroy middle-class jobs and worsen inequality. Even the summary term for this technology, Artificial Intelligence (AI), sounds ominous. The human brain may be the "most c…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access
Far from thawing, the US-China economic war could see a new front opening up