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What To Do After Robots Take Your Job
sarahnaomi writes In 2013, researchers Carl Frey and Michael Osborne of the Oxford Martin School dropped the bombshell that 47 percent of US jobs were at risk of computerisation. Since then, they've made similar predictions for the UK, where they say 35 percent of jobs are at high risk. So what will our future economy look like? "My predictions have enormously high variance," Osborne told me when I asked if he was optimistic. "I can imagine completely plausible, incredibly positive scenarios, but they're only about as probable as actually quite dystopian futures that I can imagine."
In a new report produced as part of a programme supported by Citi, he and Frey outline how increased innovation—read: automation—could lead to stagnation.
In a new report produced as part of a programme supported by Citi, he and Frey outline how increased innovation—read: automation—could lead to stagnation.
The cost of that is not particular burdensome
...seen the national debt lately? I'd argue that the burden is growing almost exponentially, and we can't simply keep raising the national credit limit forever w/o rampant inflation kicking in sometime.
Quo usque tandem abutere, Nimbus, patientia nostra?
The cost of that is not particular burdensome
...seen the national debt lately? I'd argue that the burden is growing almost exponentially, and we can't simply keep raising the national credit limit forever w/o rampant inflation kicking in sometime.
The poor are not the cause of the growing national debt. Endless wars, defense spending, and corporate welfare make up the lion's share of the national debt.