Humans, Machines, and Work: The Future is Now

Automation, driven by technological progress, has been increasing inexorably for the past several decades. Two schools of economic thinking have for many years been engaged in a debate about the potential effects of automation on jobs: will new technology spawn mass unemployment, as the robots take jobs away from humans? Or will the jobs robots take over create demand for new human jobs? I will present data that demonstrate that the concerns about automation are valid. In fact, technology has been hurting working Americans for the past 40 years. The discussion about humans, machines, and work tends to be a discussion about some undetermined point in the far future. But it is time to face reality. The future is now.
See more at www.microsoft.com/en-us/resea...

[@waynerussell555]

This presentation should be mandatory for all politicians and easily accessible to all voters.

[@chieffridgeofficer]

Moshe Vardi has the best Facebook feed EVER. Everyone needs to follow him.

[@notjustyeti]

(@20:28, the transcript's "inaudible" bit is "there's a new *equilibrium* being reached")

[@ReneBroekhoven]

Great talk. Such honest and clear pictures of our economy and way of living are so much needed. Please politicians (and everybody else: 80% chance it is or will be about you): watch this!

[@aishikgupta]

Is this old video ??