Don’t Fear the Robots (or Should We?)

Slide1Hosts Phil Bowermaster and Stephen Gordon discuss positive and worrying trends related to artificial intelligence

Reinforcement Learning

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Fear Not the Robots – Jobs Aren’t Scarce

The flip-side of the scarcity proposition, one that economists and others usually ignore, is that limitless consumption desires, relative to productive resources, means the number of tasks for people to do is also limitless. Jobs aren’t scarce! They are limitless as sure as consumption desires relative to productive resources are limitless. The notion that there is a fixed number of tasks or jobs to do at any point in time is bogus. Ditto for the notion that job opportunities can fall. A community’s economic ladder always has more rungs to climb.

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About Phil 523 Articles
Phil Bowermaster is a nationally recognized author and speaker. He has more than 25 years experience writing about emerging technologies and the future. As co-host of the popular Internet radio series, The World Transformed, Phil has talked with leading scientists and technologists, best-selling authors, philosophers, filmmakers, artists, entrepreneurs and others who are shaping our understanding of the amazing era of transformation in which we live. Phil helps leaders and their organizations develop strategies for managing accelerating change. He shows how imagination, optimism, empathy, and humor can make all the difference in both understanding and making the most of the powerful currents of change we face.