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May22 HW Comments-When Will Advancing Technology Make Most of Us Unemployed

The document discusses the impact of AI and Robotics on employment, presenting a divided view on whether these technologies will lead to mass unemployment or create more jobs. While some sources express concern about job displacement and income inequality, others argue that AI will drive job creation and economic growth. Ultimately, the conclusion suggests that technological advancements historically lead to new job opportunities despite rendering some positions obsolete.

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12 views3 pages

May22 HW Comments-When Will Advancing Technology Make Most of Us Unemployed

The document discusses the impact of AI and Robotics on employment, presenting a divided view on whether these technologies will lead to mass unemployment or create more jobs. While some sources express concern about job displacement and income inequality, others argue that AI will drive job creation and economic growth. Ultimately, the conclusion suggests that technological advancements historically lead to new job opportunities despite rendering some positions obsolete.

Uploaded by

vivianhong0419
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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When will advancing technology make most of us unemployable

The advent of Artificial Intelligence (AI) and Robotics has sparked a widespread
debate about the future of jobs. While some fear that these technological
advancements will lead to mass unemployment, others argue that they will create
more jobs than they will eliminate.

When Amazon shocked the whole world in 2016 by its “Just Walk Out” supermarket
in the US where no human staff was hired, instead, customers accomplish shopping
by palm scanning payment, face-sensor deteting, and AI-powered automatic
survaillance, many were amazed by the vanguard scene which portrait a carnival of
technology, while practitioners of traditional retailing sighed that winter is coming.
The report "AI, Robotics, and the Future of Jobs" by Pew Research Center presents a
divided view. On one hand, it acknowledges that AI and robotics will
permeate wide segments of daily life by 2025, with significant implications for
various industries. However, it also highlights deep divisions on how these advances
will impact the economic and employment picture over the next decade. The report
suggests that while certain types of work may be displaced, historically, advances in
technology have been a net creator of jobs. On the other hand, it raises concerns
about the potential displacement of both blue- and white-collar workers, leading to
vast increases in income inequality, masses of effectively unemployable people, and
breakdowns in the social order.

Contrary to this, the article "Don't fear AI It will lead to long-term job growth"
argues that AI will create more jobs than it destroys. It suggests that AI will drive job
creation, with nearly half of companies expecting AI to create jobs, well ahead of
those who expect it to displace jobs. The article also predicts that by 2030, AI will
lead to an estimated $15.7 trillion, or 26% increase, in global GDP. Although this
article also mentions job large quantities of job displacement by 2025, it was
written before the COVID-19 outbreak, the same as the previous source. This raises a
question to the reliability of this source.

Steve Denning, in his article "The 'Jobless Future' Is A Myth", echoes this
sentiment. He argues that while The widespread fear that technology, particularly
robots and AI, will eliminate the need for human workers and lead to a jobless
future is a compelling narrative. However, this perspective overlooks several key
flaws in its reasoning. These include the practicality, costs of implementation, and
comparative advantages. While this article is published in 2015, raising a doubt on
the credibility of the source, its allignment with the first and second sources, shows
that the claims in this source can be trusted.
In conclusion, while AI and Robotics will undoubtedly transform the job market, it is
not a foregone conclusion that they will lead to mass unemployment. History has
shown that technological advancements often lead to the creation of new jobs, even
as they render others obsolete.

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