Happy Labor Day.
“We are being afflicted with a new disease of which some readers may not yet have heard the name, but of which they will hear a great deal in the years to come – namely, technological unemployment. This means unemployment due to our discovery of means of economising the use of labour outrunning the pace at which we can find new uses for labour.” — John Maynard Keynes, 1930
“Today we’re living in those years to come, and it’s hard to go a week without some story about how all the jobs will soon belong to artificial intelligence or machine learning or however else we’re describing the automatons. Keynes was right to see it coming, but he didn’t exactly nail the implications.” — Malcolm Harris, 2017
More:
“A Jobless Future Everyone Can Love,” Malcolm Harris, Pacific Standard
“AI, Robotics, and the Future of Jobs,” Irving Wladawsky-Berger, Pieria
“Jobs aren’t the solution to America’s problems—they’re the cause,” James Livingston, Quartz
“A robot tax rises from American center of tech industry,” Janie Har, Associated Press
“What the Industrial Revolution really tells us about the future of automation and work,” Moshe Y. Vardi, The Conversation
“Work In The Digital Society,” Social Europe
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Image (“John Maynard Keynes Blogging, after Duncan Grant”) by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com
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