
The lecture discusses the potential for structural technological unemployment and the implications of automation on the workforce.
In the future, we may face ‘structural’ technological unemployment in the labour market – where there is no longer enough work to occupy the human workforce. This lecture explains how such a phenomenon is possible at all, particularly given that repeated bouts of automation anxiety in the past have turned out to be wrong. Understanding this challenge is critical given recent claims by the leaders of the large technology companies – that they hope to build an AI that can outperform human being...
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