Mind Matters Natural and Artificial Intelligence News and Analysis

TagAutomation (and job loss)

competition-between-humans-and-robots-in-tug-of-war-concept-stockpack-adobe-stock
Competition between humans and robots in tug of war concept

Robots Will NOT Steal Our Jobs, Business Analysts Show

Doomsayers typically do not factor in all components of the job that a robot would have to replace or all of the true costs of trying, they say

At Fast Company, data analyst Jeffrey Funk and business prof Gary N. Smith dispute the claim that robots are coming for all our jobs. They point to a history of overblown claims: In 1965, Herbert Simon, who would later be awarded the Nobel Prize in Economics and the Turing Award (the “Nobel Prize of computing”), predicted that “machines will be capable, within 20 years, of doing any work a man can do.” In 1970, Marvin Minsky, who also received the Turing Award, predicted that, “in from three to eight years we will have a machine with the general intelligence of an average human being.” The implications for jobs were ominous, but robotic-takeover predictions have been in the air for a…