I just finished reading the Kindle book Race Against The Machine, a book I thoroughly recommend. This was the driver of the NPR article I blogged about recently.
The book is mostly oriented towards the US, although the issues they discuss seem to be prevalent across all major economies. The authors make the case that technological improvements are severely impacting every job market except those for highly-skilled individuals.
Continue reading “Race Against The Machine”
I’ve just read two blog posts on creating written content programatically. The first was the article How I automated my writing career by Robbie Allen. This article gives a brief description of how the author’s company generates web-site content automatically using the quantitative analysis of data.
Continue reading “Written by Robot”
NPR has a story about How Technology Is Eliminating Higher-Skill Jobs. It features IBM’s Watson System, that can beat the world’s best human Jeopardy competitors. This technology is currently being used to automate the fields of law and medicine, so a lot of very technical jobs will disappear from some quite high-paying and respected professions.
Continue reading “Rage against the machine”
Are the American people obsolete? Salon argues that because of globalisation and technology there is now a increased separation between capital and labour. The activities that generate wealth have both been outsourced to cheaper shores, and become more efficient because of technology. As a consequence the social contract in Western society between rich and poor – the rich provide the capital while the poor provide the labour – is breaking down. The rich still have capital, but they can now move the production of goods to the East, creating a shortage of jobs in the West.
Continue reading “Of Gaps and Grass-Eaters”
While reading this article in The Economist, the section on rising inequality leapt out at me. The newspaper suggested that technology may be to blame. This is certainly a situation that I’ve been expecting for a while.
In contrast to the Singularity proposed by Vernor Vinge, I believe that as people become more educated, have better tools, and live longer, it will be harder and harder for young, less well educated, and poorer people to compete. This will stratify society.