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lostnfound

(17,085 posts)
1. Stephen Hawking on automation
Fri Dec 9, 2016, 10:58 AM
Dec 2016

Automation will, "in turn will accelerate the already widening economic inequality around the world," Hawking wrote. "The internet and the platforms that it makes possible allow very small groups of individuals to make enormous profits while employing very few people. This is inevitable, it is progress, but it is also socially destructive."

He frames this economic anxiety as a reason for the rise in right-wing, populist politics in the West: "We are living in a world of widening, not diminishing, financial inequality, in which many people can see not just their standard of living, but their ability to earn a living at all, disappearing. It is no wonder then that they are searching for a new deal, which Trump and Brexit might have appeared to represent."

https://www.weforum.org/agenda/2016/12/stephen-hawking-this-will-be-the-impact-of-automation-and-ai-on-jobs

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