Tag: Technological unemployment

Work and Happiness in the Age of Artificial Intelligence

Ffifth-century Athens (also called Periclean Athens) is the Greek city-state of Athens in the time from 480 BC-404 BC. This was a period of Athenian political hegemony, economic growth and cultural flourishing formerly known as the Golden Age of Athens with the later part The Age of Pericles. Guided by statesman and orator Pericles, Athens produced … Continue reading "Work and Happiness in the Age of Artificial Intelligence"

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Will smarter machines cause mass unemployment?

The idea that manual work can be carried out by machines is already familiar; now ever-smarter machines can perform tasks done by information workers, too. What determines vulnerability to automation, experts say, is not so much whether the work concerned is manual or white-collar but whether or not it is routine. Machines can already perform routine … Continue reading "Will smarter machines cause mass unemployment?"

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Machines and human replacement (McKinsey report)

McKinsey analyzed the detailed work activities of more than 800 occupations from across the US economy to assess the percentage of time spent on activities with the technical potential for automation by adapting currently demonstrated technology. Read the detailed results on the technical potential for automation in various sectors. “While automation will eliminate very few occupations entirely in the next … Continue reading "Machines and human replacement (McKinsey report)"

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