Tag: Andrew McAfee

Automation is different this time

Monday, 12 June, 2017 0 Comments

The automation of the past industrial revolutions will be different to the automation of the future industrial revolutions. That’s because our information age is fundamentally different to the preceding agrarian and industrial ages. Past automation led to higher productivity and created new and better jobs for an expanding, urbanizing population; future automation will happen much faster globally and outpace the creation of new jobs for migrating humans.

These arguments have been discussed by a range of futurists, especially Martin Ford, author of Rise of the Robots, and by Erik Brynjolfsson and Andrew McAfee, who together wrote The Second Machine Age. Adhering to this somewhat dystopian line, Nicholas Carr, author of The Glass Cage: Automation and Us, says: “There is no economic law that says that everyone, or even most people, automatically benefit from technological progress.” Recently, the Munich-based YouTube channel Kurzgesagt sampled their core ideas for a video titled “The Rise of the Machines – Why Automation is Different this Time.”


It’s different this time

Tuesday, 3 February, 2015 0 Comments

Since the Industrial Revolution, there’s been an almost insatiable demand for labour, despite the relentless advance of technology. So why should it be any different this time. Surely, the cloud will create millions of jobs and the app industry will generate global employment? Well, yes, maybe. But let’s consider this: It took the United States some 200 years to change from an agricultural economy, where 90 percent of the people worked on farms, to the current situation, where the number is nearer two percent. The robotics/AI revolution is happening faster than its industrial and digital predecessors — and it will present an even bigger challenge.

Technologies such as the self-driving car will be dramatically disruptive, but over a much shorter time-frame. There are millions of truck drivers working today. What will happen if self-driving vehicles put them out of a job in a matter of years? Algorithms are getting better at translating and writing — jobs that once required humans. So what will we do for work? That is the question being posed by the MIT academics Erik Brynjolfsson and Andrew McAfee, who say that we’re entering a “Second Machine Age,ā€ where the increasing rate of change driven by information technologies could leave swathes of medium-and-low skilled workers in the slow lane. On the upside, the human ability to innovate offers grounds for hope. They say.