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.

Comments

I'm not worried.

[Mr. Dollar Ton]

Every conservative British outfit and talking head, from Theresa May, to BJ, to Nigel Farage has repeatedly told me that with the savings we realize from the Brexit, we can pay for anything.

And with fredumz to negotiate our own trade terms, we can profit from everywhere.

We will negotiate bigly with the AI and get a great deal.

Re:Brexit will (not) solve this

[Sir_Eptishous]

Your superiority complex is showing. Keep believing how 65 million people are just beneath you, poorly educated and gullible. He's going to get even more votes next time because of the arrogance of the Left.

Your authoritarian complex is showing. Keep believing how a megalomaniac propped up by Americas long time enemy will stay in power. His authoritarian base are belong to Putin.