This post by Martin Ford talks about the impact of automation on our economy. This is a topic I’ve discussed in previous posts, and this is a good update. I echo Martin Ford’s recommendation that anyone interested in the subject watch the 15 minute video by C.G.P. Grey (short commercial will play first).
It has been about five years since the publication of my 2009 book The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future, which argued that we are on the brink of a revolution in robotics and artificial intelligence that would put millions of jobs at risk—and quite possibly threaten our overall economic prosperity. Over the next few years, I followed up with a series of posts both here and at Huffington Post, warning of a future unemployment crisis, the potential automation of low-wage fast food jobs as well as the higher-skill white collar jobs sought by college graduates, and the negative economic consequences of widespread automation.
For most of the five years that I have been writing on this subject, I’ve been a relatively lonely voice; the attention of both the public and economists has been focused elsewhere. Over the the past year or so…
View original post 208 more words