Tag: employment

Elon Musk: Universal income will be necessary over time if AI takes over most human jobs

Elon Musk: Universal income will be necessary over time if AI takes over most human jobs

In a true visionary style, Elon Musk, the technology titan, tweeted that
universal basic income (UBI), or cash handed out to people regardless of their employment status, will be necessary, in the future, if Artificial Intelligence (AI) takes over most human jobs.
Universal income will be necessary over time if AI takes over most human jobs
— Elon Musk (@elonmusk) June 15, 2018 Last week, a Twitter user had asked Musk if he supported universal basic
income, to which he replied, ‘Universal income will be necessary over time if AI takes over most human jobs.’ In November 2016, in […]

Artificial intelligence will make no job safe. We must provide for everyone’s needs, regardless of employment

Artificial intelligence will make no job safe. We must provide for everyone's needs, regardless of employment

To the editor: I’m glad that some folks at the Federal Reserve Bank of St. Louis can see that automation is causing an employment crisis in America . But I am disappointed by the suggested solution to train more people in robotics and artificial intelligence, as if those fields could ever provide enough work to replace all the other jobs people do.

The power of artificial intelligence is such that very few jobs will be safe. The truth is that automation is currently being driven less by a desire to make people’s lives easier or better than by a desire […]

Are we edging towards a ‘universal basic income’? Tesla boss Elon Musk says cash handouts from governments ‘will be necessary’ as AI takes over human jobs

Are we edging towards a 'universal basic income'? Tesla boss Elon Musk says cash handouts from governments 'will be necessary' as AI takes over human jobs

Billionaire Elon Musk has said cash handouts ‘will be necessary’ if robots take human jobs, in his latest flurry of tweets.

Musk made the comment in response to a question from a Twitter user about whether he supported universal basic income (UBI) – a cash handout that could be given to people irrespective of their employment.

Musk believes UBI could be a possible solution for unemployment caused by machines taking over the workforce.Scroll down for video Billionaire Elon Musk has said cash handouts ‘will be necessary’ if robots take human jobs, in his latest flurry of tweets Billionaire Elon Musk has […]

Are we edging towards a ‘universal basic income’? Tesla boss Elon Musk says cash handouts from governments ‘will be necessary’ as AI takes over human jobs

Are we edging towards a 'universal basic income'? Tesla boss Elon Musk says cash handouts from governments 'will be necessary' as AI takes over human jobs

Billionaire Elon Musk has said cash handouts ‘will be necessary’ if robots take human jobs, in his latest flurry of tweets.

Musk made the comment in response to a question from a Twitter user about whether he supported universal basic income (UBI) – a cash handout that could be given to people irrespective of their employment.

Musk believes UBI could be a possible solution for unemployment caused by machines taking over the workforce.Scroll down for video Billionaire Elon Musk has said cash handouts ‘will be necessary’ if robots take human jobs, in his latest flurry of tweets Billionaire Elon Musk has […]

How the three phases of automation dictate human employment

How the three phases of automation dictate human employment

I have faith in automation in all its forms and look forward to the day when AI and machine learning make it obsolete to work for a buck.

Yet, others worry about a different future, where automation takes over completely and most humans are left on the sidelines and live a life of meager sustenance, subject to technology they cannot hope to master. PDF: Are you migrating to DevOps?

As DevOps is slowly taking over the IT landscape, its vital that IT pros understand it before jumping right into the movement. In this complimentary guide, discover an expert breakdown of […]

Weighing whether there are too many or too few jobs

Weighing whether there are too many or too few jobs

More Jobs Available Illustration by Greg Groesch/The Washington Times more > ANALYSIS/OPINION:

Will there be too few or too many jobs in the future? We are told as a result of the artificial intelligence (AI) revolution with endless robots, autonomous vehicles, etc. that there will be far fewer jobs. Yet last week, despite record levels of automation, the Department of Labor announced that the country had reached the point where there were more jobs available than people seeking work.

At the time of the American Revolution, three-quarters of all Americans worked on farms; now it is 1.5 percent. A century […]

Will Robots Really Create an Employment “Death Spiral”?

Will Robots Really Create an Employment “Death Spiral”?

Photo by Alex Knight on Unsplash Jay Richards is author of The Human Advantage: The Future of American Work in an Age of Smart Machines . He’s an Assistant Research Professor in the Busch School of Business and Economics at The Catholic University of America, and a Senior Fellow at the Discovery Institute.

According to a new International Monetary Fund research paper , the answer to the above question is yes. As one story on the IMF report put it, “The future of work run by robots appears to be a dystopian march to rising inequality, falling wages and higher […]

Robots Are Replacing Human Workers, So Why Are Americans Still Working So Hard?

Robots Are Replacing Human Workers, So Why Are Americans Still Working So Hard?

For at least six years, up until 2010, a Spanish civil servant named Joaquin Garcia collected a salary for a job he didn’t do.

Garcia had worked at a local water board in Cadiz since 1996, but when new management came in, the engineer found himself sidelined. Disillusioned and depressed, Garcia plotted an escape. He told one set of officials he was being supervised by another set, and the other set the opposite, and then stayed at home studying the philosophical works of Baruch Spinoza. His ruse was only uncovered when the town’s deputy mayor sought to award Garcia a […]

OPINION | Ken Pittman: Rep. Joe Kennedy Invests in Cutting Jobs

OPINION | Ken Pittman: Rep. Joe Kennedy Invests in Cutting Jobs

On the surface, Congressman Joe Kennedy III certainly gives his voters the impression that he truly cares about the working class. He is, like his deceased uncle Senator Ted Kennedy, a diligent defender of issues like "living wages" and raising the minimum wage in America. Sounds like a man of the people to me.

Like almost any Kennedy family member, he can be counted on to speak out against unfair compensation at perceived under-paying of employment. Without issues like this, there is little reason to elect the Democratic monarch. So how come Congressman Kennedy is so interested in lining his […]

Elon Musk: Free cash handouts ‘will be necessary’ if robots take humans’ jobs

Elon Musk: Free cash handouts ‘will be necessary’ if robots take humans' jobs

Billionaire tech titan Elon Musk has been tweeting quite a lot of late — about everything from his philosophical mentors ( Douglas Adams and Isaac Asimov ) to his political leanings (he’s a socialist).

But nearly lost in a flurry of tweets, Musk now says that universal basic income (UBI) — essentially, free cash handouts — "will be necessary over time if AI [artificial intelligence] takes over most human jobs."

That’s what Musk tweeted Friday in response to a question from a Twitter user who asked him if he supported UBI. Universal income will be necessary over time if AI takes […]