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 Brainy Robots To Lead To Longer Unemployment Lines?

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Date posted: 27/10/2008

Marshall Brain, founder of How Stuff Works and author of e-book Robotic Nation, recently spoke at the Singularity Summit in San Jose, USA. There, he outlined his fears that as robotics get more able, they will start to threaten lower end jobs.

"In theory we should all be able to go on a perpetual vacation as robots do all the work. Instead because of the way the economy is structured right now, when robots arrive it will have devastating effects on all of us because there will be so many unemployed people."

The implications of an increasingly automated economy could be dire for society unless we restructure our economy, he argues.

While productivity has risen over the year, worker compensation has not kept pace and there is increasing concentration of wealth, says Brain.

Developments in robotics means that technologists could be creating a second intelligent species, claims Brain. "So far no credible evidence to indicate that there is more than one intelligent species in the universe, which is us," he says. "But that changes with the robots."

See the full Story via external site: blog.wired.com



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