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Humans Need Not Apply: a Video About the Robot Revolution and Jobs
Paul Fernhout writes: This explanatory compilation video by CGP Grey called "Humans Need Not Apply" on structural unemployment caused by robotics and AI (and other automation) is like the imagery playing in my mind when I think about the topic based on previous videos and charts I've seen. I saw it first on the econfuture site by Martin Ford, author of The Lights in the Tunnel. It is being discussed on Reddit, and people there have started mentioning a "basic income" as one possible response. While I like the basic income idea, I also collect other approaches in an essay called Beyond A Jobless Recovery: A heterodox perspective on 21st century economics. Beyond a basic income for the exchange economy, those possible approaches include gift economy, subsistence production, planned economy, and more — including many unpleasant alternatives like expanding prisons or fighting wars as we are currently doing.
Marshall Brain's writings like Robotic Nation and Manna have inspired my own work. I made my own video version of the concept around 2010, as a parable called "The Richest Man in the World: A parable about structural unemployment and a basic income." (I also pulled together a lot of links to robot videos in 2009.) It's great to see more informative videos on this topic. CGP Grey's video is awesome in the way he puts it all together.