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Bank of England Chief Economist Warns On AI jobs Threat (bbc.com)

The chief economist of the Bank of England has warned that the UK will need a skills revolution to avoid "large swathes" of people becoming "technologically unemployed" as artificial intelligence makes many jobs obsolete. From a report: Andy Haldane said the possible disruption of what is known as the Fourth Industrial Revolution could be "on a much greater scale" than anything felt during the First Industrial Revolution of the Victorian era. He said that he had seen a widespread "hollowing out" of the jobs market, rising inequality, social tension and many people struggling to make a living. It was important to learn the "lessons of history", he argued, and ensure that people were given the training to take advantage of the new jobs that would become available. He added that in the past a safety net such as new welfare benefits had also been provided.

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  1. Re:Brexit will (not) solve this by Anonymous Coward · · Score: 0, Flamebait

    Brexit believers are exactly the same kind of people as Trump supporters. Poorly educated, guillible, naive, but also afraid of losing what little they have, and therefore desperate. And desperation drives even the brightest people to commit unspeakable acts, simply because they feel they have nothing to lose.

    When you feel powerless, and basically left for dead by a sociopathic society that moves forward without even a single look back a those it leaves behind, all you want to do is a last desperate act of empowerment, regardless of the consequences to that society that doesn't give a shit about you anyway.