"The key question is not whe..."

https://arbital.com/p/3f

by Eliezer Yudkowsky Mar 31 2015


The key question is not whether particular industries get automated. They will be. But so was weaving and farming (3% agricultural employment in First World countries that export food, vs. 98% agricultural employment in the old days) and that didn't impact long-term unemployment. So the question is not whether particular jobs get automated, but whether employment as a whole will marginally drop as a result of marginally better automation given continuation of other current trends, potentially including incompetent central banks that allow aggregate demand slumps and so on.