Listen Now: Adjusting to Intelligence
As technology evolves many of the things around us are becoming automated, but none of it should be a new experience.
Think about AI merely as the latest chapter in a long history of automation that goes all the way back to the industrial revolution and what we have seen in the past is that of course new technologies destroy jobs but on balance they create more jobs than they destroy, this is what happened in the 20’s and 30’s. It’s what happened with the first wave of computing in the 50’s and 60’s, the question is, is this time different?”
Paul Saffo is a technology forecaster and adjunct professor at Stanford University. He says as artificial intelligence becomes more mainstream more jobs will actually be created than are destroyed. But while the transition will be painful and people will have a hard time adjusting Saffo says we can’t blame the technology.
Robots don’t steal jobs, AI’s don’t steal jobs corporations and CEO’s steal jobs.” The future might be artificial but there’s always room for a little human touch.
Originally posted on August 24, 2017.
CBS News Radio national business journalist Brian Banmiller has spent more than 40 years in the news industry, covering business, politics and the economy on television, radio and in print. Currently, his “Banmiller on Business” reports are delivered to an audience of millions nationwide.