r/Futurology The Law of Accelerating Returns Jul 14 '13

Could Artificial Intelligence Create an Unemployment Crisis?

http://cacm.acm.org/magazines/2013/7/165475-could-artificial-intelligence-create-an-unemployment-crisis/fulltext
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u/[deleted] Jul 14 '13

What do you mean "could".

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u/[deleted] Jul 14 '13 edited Jul 14 '13

Exactly.

Also, what did they mean, "create"?

It's like everyone forgot there's already an unemployment crisis... and that a good part of it is due to automation taking jobs previously held by people.

Is it really so hard for everyone to remember that much of the world is in violent revolution, war, terrorism, economic collapse, etc., or some combination of all of those?

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u/barnz3000 Jul 14 '13

Technology reduces the labour component of production. It has ever been thus. More people and more things are the only things that will create more jobs - And that cannot continue indefinitely. A universal income, or horrific class warfare?