Hard automation Archives - Market Mad House

daniel March 5, 2017March 5, 2017 AI, destroy vast numbers of jobs, Four Waves of Technological Unemployment, Fourth Wave of Technological Unemployment, Hard automation, Industrialization or Mechanization, Machine Learning and Artificial Intelligence, Robotics and Computerization, Technological Unemployment, The Convergence that could Kill Your Job, The Jobs that will Go First, What Jobs are threatened by the Fourth Wave of Technological Unemployment?

Will Your Job Survive the Fourth Wave of Technological Unemployment?

As you can see all four waves of Technological Unemployment are ongoing and simultaneous. The phenomenon is driven by technological progress, a development that began long before our grandparents were born and will be ongoing long after our grandchildren are dead.

It also means that there are several threats to our jobs as technologies and techniques from the different waves get combined. For example an automobile, a first wave machine can be combined with a computer; a third wave device, and an artificial intelligence – a fourth wave technology – to produce a self-driving car.

Market Insanity

daniel February 24, 2017 AI-run hedge fund, basic income is inevitable, Bill Gates, Hard automation, How will We Pay for Government?, job-killing technology, machines replace large numbers of people, robot tax, tax on robots, Technological Unemployment, The coming Battle Over the Robot Tax, The Problem of Artificial Intelligence, What is a Robot?, Why Robots will have to be taxed

Bill Gates wants Robots to Pay Income Tax

The world’s richest man wants robots to pay income tax – if they take humans’ jobs.

Bill Gates endorsed the idea of a “robot tax;” on automations that replace human workers, in video interview with Quartz editor in chief Kevin Delaney.

My Thoughts

daniel May 8, 2016May 9, 2016 Class Warfare, Digitalization, Hard automation, How Technology Drives Income Inequality, Income inequality increases, killed large numbers of jobs, made income inequality worse, Technological underemployment, Technological Unemployment, Technology creates income inequality, technology destroys jobs, Technology Drives Income Inequality

How Technology Kills Jobs and Drives Income Inequality

The idea that technology destroys jobs, impoverishes people and makes income inequality worse is a hard one to swallow, particularly