17 MAY 2013 by ideonexus

 Does the Future Need Us?

While we now know that Turing was too optimistic on the timeline, AI's inexorable progress over the past 50 years suggests that Herbert Simon was right when he wrote in 1956 "machines will be capable ... of doing any work a man can do." I do not expect this to happen in the very near future, but I do believe that by 2045 machines will be able to do if not any work that humans can do, then a very significant fraction of the work that humans can do. Bill Joy's question deserves therefore not to...
Folksonomies: automation
Folksonomies: automation
  1  notes

If machines can do everything for us by 2045, what will we do?

04 JAN 2012 by ideonexus

 Keynes Predicts Unemployment from Automation

We are being afflicted with a new disease of which some readers may not yet have heard the name, but of which they will hear a great deal in the years to come—namely, technological unemployment. This means unemployment due to our discovery of means of economising the use of labour outrunning the pace at which we can find new uses for labour.
Folksonomies: employment automation
Folksonomies: employment automation
  1  notes

He predicts technological progress will outrun the pace for which we can find new uses for labor in 1930.