At Davos, IBM Chief Predicts Artificial Intelligence Won’t Be a Job Killer
There&#x27;s a lot believers in technological unemployment here on HN and one thing I think that viewpoint misses is just how darn resilient humans are to changes in the economy. In the past 150 years, we&#x27;ve seen human manual labor replaced by mechanical labor. Think about that -- a lot of early California settlers walked here, and now you&#x27;re commanding power roughly equivalent to 100 horses when you hop into your car. Agricultural employment went from 90%+ of the population to ~1% over a few generations. People using computers at work went from less than 1% to complete ubiquity in 30 years. And against all of this, unemployment is still near its target rate. Is the large scale rollout of predictive algorithms really a bigger wave than those that have come previously?