[Original Source: https://www.facebook.com/TheEconomist/videos/10155091936789060/ OR https://www.youtube.com/watch?v=h3UwZUboCq4%5D
Publication Date : 15th February 2017
By 2037, an estimated 47% of jobs currently done by humans will be performed by machines. With so much automation to come, what will humans do with their time?
Points mentioned in the video :
- Computers are developing the capabilities to take on increasingly sophisticated everyday tasks
- In the past, many tasks which seemed impossible for a computer to do is now becoming a reality. (driver-less cars/trucks, human speech recognition)
- Balance between booming productivity and welfare VS Meaningfulness and Employment
Questions to ponder :
- What would happen to those who are put out of their jobs involuntarily?
- Should we outlaw certain technology/automation which could potentially lead to mass unemployment?
- What regulations should be imposed; and by what guidelines (ethics, pragmatism)?
- What are some new economies that could arise due to automation?
- What implications will there be on society? (quality of life, standard or living
Post by : Tze Sheng