Wednesday, October 3, 2012

Are the Jobs Ever Coming Back? Or are the Robots Taking Over?


Are the jobs coming back, or are the robots going to take over?  Today, a single farmer can produce as much goods as 100 farmers a half-century or less ago.  

"Within [our lifetimes], we're going to transition into an economy that ... doesn't need a lot of human workers. Managing that transition is going to be the greatest challenge that our society faces." (Andrew McAfee) 

Robots and algorithms are getting good at jobs like building cars, writing articles, translating -- jobs that once required a human. So what will we humans do for work? Andrew McAfee walks through recent labor data to say: We ain't seen nothing yet. But then he steps back to look at big history, and comes up with a surprising and even thrilling view of what comes next.