By Chang Se-moon Will sex be more common in driverless cars? At least some studies speculate that to be the case, suggesting the likelihood that more people will die in clashes of driverless cars, a byproduct of artificial intelligence (AI). (The Washington Post, Nov. 13, A15)
Besides more sex in driverless cars, one practical question that everyone is concerned about in AI relates to what types of jobs are likely to be replaced by machine learning. Machine learning is a sub-field of AI that could impact practically everyone in the labor market, including sex workers.
Professors Erik Brynjolfsson of […]
In 1912, the first Horn & Hardart automat opened in New York City.
A combination of high-tech ingenuity and frugal convenience, the automat was a restaurant that cut out costly servers. Patrons fed coins into streamlined sets of vending machines to get main courses, side dishes and desserts among hundreds of choices.
The concept actually originated in Germany in 1895. Joseph Horn and Frank Hardart licensed it for the United States, opening first in Philadelphia. But it became a Big Apple icon, a backdrop for many movies. As one appreciation described it , “Dining was communal and cafeteria-style, to the extent […]
When his daughter was born, Paulo Aguilar, a Chilean entrepreneur, wanted to find a new way of working — one that would allow him to stay at home and see her grow up.
His solution was to log on to Mercado Libre, Latin America’s answer to eBay, to find out what people wanted to buy. Soon he started his own company, Comercial Limax, selling pet accessories from his study, where his daughter could visit whenever she pleased. Five years on, the company is doing well, with a warehouse and a team of eight.
Mr Aguilar is one of many adjusting to […]
Steve Coulter Paul Romer , this year’s economics Nobel laureate, famously remarked that the effects of the IT revolution were showing up everywhere except in the productivity statistics. Other economists suggested that full exploitation of a new technology can take a long time, perhaps decades. Well, one area now clearly showing the impact of IT and automation is the labour market.
Technology is transforming the world of work, but social democrats and others appear unsure how to respond. Progressives embrace change but want technology to benefit the many and not just the few who develop, own or exploit it. Trade […]
"It will be a challenge to develop software which is 100% unbiased and can truly contribute to workplace equality". Photo: iStock Analysis: an assessment of technology’s impact on gender pay gaps, equal employment opportunities and life/work balance
Topics such as the "future of work" , "Industry 4.0" and the "gig economy" have recently become almost ubiquitous in popular media. While debate about such topics is called for, one of the criticisms, which can be levelled at some of those to the fore of such discussions is the largely homogenous way in which these developments are discussed.
Technological advancement holds great […]
Fancy a free salary? No strings attached. Technology heavyweights, Elon Musk, Mark Zuckerberg and Richard Branson all back Universal Basic Income (UBI). Graham Smith from Microsoft recruitment partner Curo Talent , explains why these policies aren’t simply the brain fodder of billionaires, but could become a reality due to advances in artificial intelligence.
UBI describes a cash handout, distributed to everyone, irrespective of a citizen’s employment status. The concept has long been supported by socialists, but the inequality of jobs caused by automation could make policies like this a necessity.
Reports by PwC estimate that robots could represent up to 30% […]
Pew survey: Only 15% of adults feel youths will be better off than their parents Nearly 90% of Japanese think robots and computers will take over most of the jobs in the next half century. © Reuters TOKYO — The Japanese public is happier about the economy than at any time in nearly two decades, though few think the next generation will have it as good. People’s biggest fear is automation, not foreigners, taking jobs from local workers.
While 44% of respondents to a Pew Research Center survey said the current economic situation is good, 15% answered that today’s children […]
Photo: iStock/Getty Images
Marx objected to the 19th-century Speenhamland revision to the Elizabethan Poor Laws—which was a top-up grant regardless of income—because it would incentivize employers to lower wages, and Marxists are big believers in labor (versus leisure or capital) as the source of economic value.
Interest in a guaranteed income arose in the 1960s wave of “cybernetics” (man-plus-machine automation) and the debate over whether the modern economy was evolving from labor to leisure and away from full employment. It has re-emerged in this era of artificial intelligence and robotics in the grander-sounding “universal basic income” (UBI) which risks metastasizing […]
Robots assemble a car at the Tesla factory in Fremont, Calif., in 2015. (David Butow / For The Times) To the editor: I am an electrical engineer with the skills to make automation happen, and I believe the future is not as bleak as presented in the article predicting millions of Californians could soon be out of work .
Artificial intelligence is not magic, and we still have to build and program devices capable of implementing it. Where autonomous vehicles are concerned, remember that aircraft have employed autopilot systems for decades. As an instrument-rated private pilot, I would require additional […]
Why don’t we just give everyone $20,000, no strings attached?
That, in essence, is the policy known as Universal Basic Income, or UBI. It has gained popularity on the right and the left because of its simplicity. It would replace the basic income already provided by complex welfare and unemployment insurance plans, instead handing an above-poverty amount to every adult regardless of income or employment status.
UBI appeared in the news recently when Ontario Premier Doug Ford abruptly cancelled a provincial pilot study that was giving slightly smaller amounts to about 4,000 people. The Premier was wrong to cancel the study; […]