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Steve Bosserman

Will AI replace Humans? - FutureSin - Medium - 0 views

  • According to the World Economic Forum’s Future of Jobs report, some jobs will be wiped out, others will be in high demand, but all in all, around 5 million jobs will be lost. The real question is then, how many jobs will be made redundant in the 2020s? Many futurists including Google’s Chief Futurist believe this will necessitate a universal human stipend that could become globally ubiquitous as early as the 2030s.
  • AI will optimize many of our systems, but also create new jobs. We don’t know the rate at which it will do this. Research firm Gartner further confirms the hypothesis of AI creating more jobs than it replaces, by predicting that in 2020, AI will create 2.3 million new jobs while eliminating 1.8 million traditional jobs.
  • In an era where it’s being shown we can’t even regulate algorithms, how will we be able to regulate AI and robots that will progressively have a better capacity to self-learn, self-engineer, self-code and self-replicate? This first wave of robots are simply robots capable of performing repetitive tasks, but as human beings become less intelligent trapped in digital immersion, the rate at which robots learn how to learn will exponentially increase.How do humans stay relevant when Big Data enables AI to comb through contextual data as would a supercomputer? Data will no longer be the purvey of human beings, neither medical diagnosis and many other things. To say that AI “augments” human in this respect, is extremely naive and hopelessly optimistic. In many respects, AI completely replaces the need for human beings. This is what I term the automation economy.
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  • If China, Russia and the U.S. are in a race for AI supremacy, the kind of manifestations of AI will be so significant, they could alter the entire future of human civilization.
  • THE EXPONENTIAL THREATFrom drones, to nanobots to 3D-printing, automation could lead to unparalleled changes to how we live and work. In spite of the increase in global GDP, most people’s quality of living is not likely to see the benefit as it will increasingly be funneled into the pockets of the 1%. Capitalism then, favors the development of an AI that’s fundamentally exploitative to the common global citizen.Just as we exchanged our personal data for convenience and the illusion of social connection online, we will barter convenience for a world a global police state where social credit systems and AI decide how much of a “human stipend” (basic income) we receive. Our poverty or the social privilege we are born into, may have a more obscure relationship to a global system where AI monitors every aspect of our lives.Eventually AI will itself be the CEOs, inventors, master engineers and creator of more efficient robots. That’s when we will know that AI has indeed replaced human beings. What will Google’s DeepMind be able to do with the full use of next-gen quantum computing and supercomputers?
  • Artificial Intelligence Will Replace HumansTo argue that AI and robots and 3D-printing and any other significant technology won’t impact and replace many human jobs, is incredibly irresponsible.That’s not to say humans won’t adapt, and even thrive in more creative, social and meaningful work!That AI replacing repetitive tasks is a good thing, can hardly be denied. But will it benefit all globally citizens equally? Will ethics, common sense and collective pragmatism and social inclusion prevail over profiteers?Will younger value systems such as decentralization and sustainable living thrive with the advances of artificial intelligence?Will human beings be able to find sufficient meaning in a life where many of them won’t have a designated occupation to fill their time?These are the question that futurists like me ponder, and you should too.
Bill Fulkerson

What Is A Federal Jobs Guarantee? | HuffPost - 0 views

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    "he premise is that everyone should be entitled to a good job, one that pays at least $15 an hour and comes with benefits such as health care, family leave policies and child care. The program would be administered at a local level, with federal funding, and jobs would be fitted to people, not the other way around. The aim "is not to change the worker in some fundamental way," said Stephanie Kelton, a professor of public policy and economics at Stony Brook University and formerly a senior advisor to Sanders. "You take the worker the way they are and you fit the job to the worker.""
Bill Fulkerson

interfluidity » Smile - 0 views

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    "I like this piece by Kate Aronoff looking back on WPA "boondoggles" in the context of a suddenly much discussed job guarantee. A lot of people deserve congratulations for the suddenly much-discussedness of job guarantee proposals. People like William Darity, Darrick Hamilton, and Mark Paul, Pavlina Tcherneva, Randy Wray, and others have worked doggedly through years of winter to keep this (by no means new) idea alive while no major political faction in the United States was willing to give it the time of day. Now, all of a sudden, Democratic Party(ish) bigwigs including Kristen Gillibrand, Cory Booker, and Bernie Sanders are racing onto the bandwagon. Persistence pays (although perhaps not quite a living wage). Let's get this part out of the way. I'm for it, if it's well implemented. What about a UBI? I'm for that too, if it's well implemented. Do we need both? Well, they do complement each other: Pairing a job guarantee with a UBI would mitigate the risk that the "guarantee" would transmogrify under political pressure into a punitive workfare program. Pairing a UBI with a job guarantee would mitigate the risk that we neglect the broader project of integrating one another into a vibrant society, that we let a check in the mail substitute for human engagement. If we could get both a UBI and a JG, that'd be great. (Of course, if we did get both, we'd want the numbers to be different than either as a standalone.)"
Bill Fulkerson

The Federal Job Guarantee Is Not Just "Better" Than a Universal Basic Income. It's the ... - 0 views

  • UBI adds money to the economy without increasing production or output. This is how you cause inflation: The creation of money without consideration of the real resources available to you.
  • FJG adds money to the economy by increasing productivity and output. This is how you avoid, or greatly reduce the severity of, inflation. It forces private industry and the military to up their game, in order to be competitive with the FJG: better than bare-minimum living wage, benefits, and working conditions.
  • If the FJG creates “busywork” pointless jobs, it is not a problem of the FJG itself, but rather a reflection of poor implementation of the FJG at the local level. There are basically an infinite number of genuinely useful things to be done at the local level, throughout the country.
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  • The fear of automation is nonsense. We should embrace automation. Robots can cook our cheeseburgers, wash our cars, and accept and dispense cash better and faster than humans. But robots cannot take care of our children or seniors, they cannot entertain us, create works of art, write our books, or be our primary care physicians or psychologists. Leave the more physically taxing and repetitive drudgery work to the robots. Leave the infinite number of more satisfying and productive jobs for us humans.
Steve Bosserman

Want job security in the AI era? Pick a career than has a human touch computers can't o... - 0 views

  • AI tools will help creative people be more creative and strategic people be more strategic, so core people can actually be more human, Lee said. "Jobs like doctors will require more EQ [emotional intelligence], more compassion, more human-to-human interaction, while AI takes over more the analytical, diagnostic work."
  • "We see AI changing 90 percent of the work people do," Daugherty said. "Fifteen percent of jobs will be completely automated and replaced. But the major of jobs will be improved."
  • "There is a lot of a counterweight of investors who really care about this stuff," said Paula Goldman, leader of the Tech and Society Solutions Lab at the Omidyar Network, citing the potential for indices that track how well companies follow best practices. "You can reframe [AI response] as a business risk."
Bill Fulkerson

Even if you build it, the poor can't come: against supply-side - Mark R Reiff | Aeon Ideas - 0 views

  • Recent history has shown that we can’t be sure that economic expansion alone will solve our wider economic problems. Almost all of the benefits of economic growth during the past 30 years or so have accrued to the rich, and mostly to the super-rich. Real income for most people has been stagnant or even declined. The new jobs that have been created are mostly temporary, low-wage, no-benefit jobs. Permanent, good-wage jobs with benefits have continued to disappear. Rather than giving money to the rich in these circumstances and hoping that it trickles down to the rest of us, as the supply-siders suggest, it would be better to give money to the poor and middle-class, as the Keynesians suggest. The Keynesian approach, after all, has worked many times in the past. Indeed, it’s how the West emerged from the Great Depression. But most importantly, if for some reason it doesn’t work, at least we will have made the right people better off.
Bill Fulkerson

Should I Major in the Humanities? - The Atlantic - 0 views

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    "Right now, the biggest impediment to thinking about the future of the humanities is that, thanks to this entrenched narrative of decline-because we've been crying wolf for so long-we already think we know what's going on. The usual suspects-student debt, postmodern relativism, vanishing jobs-are once again being trotted out. But the data suggest something far more interesting may be at work. The plunge seems not to reflect a sudden decline of interest in the humanities, or any sharp drop in the actual career prospects of humanities majors. Instead, in the wake of the 2008 financial crisis, students seem to have shifted their view of what they should be studying-in a largely misguided effort to enhance their chances on the job market. And something essential is being lost in the process."
Bill Fulkerson

Inequality and Ordinary Living Standards in Rich Countries | naked capitalism - 0 views

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    "This has fundamental implications for how one thinks about current challenges. Globalisation and technological change are often portrayed as exogenous forces sweeping across the rich countries, inexorably driving up inequality and forcing workers to accept wage stagnation (and often less security) if they are to hold on to their jobs. Instead, the variation in country experiences shows how much institutions and policy responses matter to how these forces - themselves subject to human agency rather than God-given - play out in the job market and affect household disposable incomes. Wage-setting institutions clearly have a critical influence. The Belgian combination of wages indexed to inflation, collective agreements covering most workers, and a high minimum wage underpinned significant wage growth across the distribution. In Australia, the extension of collectively negotiated employment terms and conditions over much of the work force, together with a very high minimum wage, play a key role. By contrast, the remarkably poor earnings performance of the UK over the last decade is in a context where wage bargaining has become individualised."
Steve Bosserman

We May Be Closer to Full Employment Than It Seemed. That's Bad News. - The New York Times - 0 views

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    What if those not seeking jobs are finding alternative ways to meet their basic needs outside of the reported job market? And does an increase in this number suggest that whatever systems they use to achieve such an end function in their favor, become more robust, and attract others to adopt them as well?
Steve Bosserman

It's time to regulate the gig economy | openDemocracy - 0 views

  • Although it would seem straightforward that the laws protecting workers should also apply to workers in what is described as the ‘gig economy’ or ‘platform-based work’, there is much debate – and confusion – on this issue. This lack of clarity stems in part from the novelty of platform-based work. There has also been an effort to conceal the nature of platform-based work through buzzwords such as ‘favours’, ‘rides’, and ‘tasks’ as well as the practice common to many platforms of classifying their workers as independent contractors. Platform-based work includes ‘crowdwork’ and ‘work-on-demand via apps’. In crowdwork, workers complete small jobs or tasks through online platforms, such as Amazon Mechanical Turk, Crowdflower, and Clickworker.  In ‘work-on-demand via apps,’ workers perform duties such as providing transport, cleaning, home repairs, or running errands, but the workers learn about these jobs through mobile apps, from companies such as Uber, Taskrabbit, and Handy. The jobs are performed locally.
  • Platforms mediate extensively the transactions they have with their workers, and also between the customers and the workers.  Platforms often fix the price of the service as well as define the terms and conditions of the service, or they allow the clients to define the terms (but not the worker). The platform may define the schedule or the details of the work, including instructing workers to wear uniforms, to use specific tools, or to treat customers in a particular way. Many platforms have performance review systems that allow customers to rate the workers and they use these ratings to limit the ability of lower-rated workers to access jobs, including by excluding workers from their system. The amount of direction and discipline that clients and platforms impose on workers, in many instances amounts to the degree of control that is normally reserved to employers and is normally accompanied by labour protections such as the minimum wage, limits on working time, and contributions to social security. This recent ILO study provides more detailed analysis on these features of platform-based work.
Bill Fulkerson

What if jobs are not the solution but the problem? - James Livingston | Aeon Essays - 0 views

  • So this Great Recession of ours – don’t kid yourself, it ain’t over – is a moral crisis as well as an economic catastrophe. You might even say it’s a spiritual impasse, because it makes us ask what social scaffolding other than work will permit the construction of character – or whether character itself is something we must aspire to. But that is why it’s also an intellectual opportunity: it forces us to imagine a world in which the job no longer builds our character, determines our incomes or dominates our daily lives.What would you do if you didn’t have to work to receive an income?In short, it lets us say: enough already. Fuck work.
  • So the impending end of work raises the most fundamental questions about what it means to be human. To begin with, what purposes could we choose if the job – economic necessity – didn’t consume most of our waking hours and creative energies? What evident yet unknown possibilities would then appear? How would human nature itself change as the ancient, aristocratic privilege of leisure becomes the birthright of human beings as such?
Bill Fulkerson

An ex-military contractor working for Google X collapsed on the job, and his coworkers ... - 0 views

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    "From the testers' point of view, they had loads of experience with sophisticated aircraft. They wanted clear rules, better safety protocols, and reasonable work expectations from the Project Wing managers. At the same time, some members of the flight-testing crew felt like their expertise on how to accomplish their mission was being dismissed, people told us. In contrast, some of the team's managers felt as if the crew's skills with combat aeroplanes and military drones made them somewhat overqualified and their ideas overkill for the task at hand, according to a person close to the company. It was a disconnect between two groups with very different mentalities about how to get things done."
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