Mind Matters News and Analysis on Natural and Artificial Intelligence

TagJay Richards

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Could Huge Chunks of Asteroid Gold Wreck Our Economy?

16 Psyche’s gold illustrates how AI affects jobs. Not the way many think…

“By lowering the price of gold, it would create new, currently nonexistent, markets for other uses of gold,” says Jay Richards. In the same way, AI creates new, currently nonexistent, markets for human time and creativity.

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Philosopher: Gloom and doom over AI is “silly”

Jay Richards thinks that historian Yuval Noah Harari is wrong to think that AI will necessarily subvert democracy

The idea that machines are capable of replacing us is the topic of many books he has read but, he argues, the thing that really distinguishes us is the capacity for developing creative freedom.

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Industrial robotic welding and robot gripping working on smart factory, on machine blue tone color background, industry 4.0 and technology.

Maybe the robot will do you a favor and snatch your job

The historical pattern is that drudgery gets automated, not creativity

Fear of toxic but improbable futures sometimes distracts us from clearly understanding and preparing for the real changes that are happening now.

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Jay Richards: Creative Freedom, Not Robots, Is the Future of Work

In an information economy, there will be a place where the human person is at the very center

The Officially Smart people are telling us two scenarios, good and bad, about the impact of artificial intelligence (AI), says Jay Richards, a research professor at the Busch School of Business at the Catholic University of America. He disagrees with both.

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SXSW 2019: Grappling with AI’s immense culture shifts

Panelists Robert J. Marks and Jay Richards spot the human advantage in an AI-driven culture

From homeschooled teens to high-tech entrepreneurs to retired doctors to University of Texas students, Christ Church was full of Austinites trying to understand what the rapid growth of AI technologies means for their future.

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The Death of the Ad Agency Was Widely Publicized

But, like so many industries, advertising turned out to be weathering the digital storm after all

A recent surge in jobs could be temporary. But it’s beginning to look as though the iconic ad culture is adjusting to the digital age. There's a film in that too. Probably a lot of them.  

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Is the future of jobs over?

Should people be paid to let machines do the work?
Recently, there have been short-term limited experiments with a Universal Basic Income but it’s hard to evaluate a transformative social policy with such limited and cherry-picked data. And, says Richards, paying people not to work would simply slow their move into the job markets of the digital age. Read More ›
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Robogeddon!! Pause.

Wait. This just in: AI is NOT killing all our jobs
Jay Richards, author of The Human Advantage: The Future of American Work in an Age of Smart Machines,sees it as more of a retooling than a meltdown. But retooling does mean change, work, cost, and risk. Read More ›
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Jay Richards asks, can training for an AI future be trusted to bureaucrats?

We hear so much about how the AI revolution gobbles industrial era jobs that we don't notice the digital era jobs unfilled.

On Tuesday, entrepreneur Ivanka Trump told Wall Street Journal readers, The assembly line, energy plant and retail store have changed dramatically in the past 25 years—and the jobs have, too. Nearly 1 in 5 working Americans has a job that didn’t exist in 1980, many in technology, the fastest-growing segment across all industries. Such rapid change is one reason 6.6 million U.S. jobs are currently unfilled. More. Currently unfilled? We hear so much about how the AI revolution is gobbling industrial era jobs that the shortage of people trained for digital era jobs takes a while to register. Trump goes on to discuss new legislation to address the shortage by providing more relevant education to future jobseekers (paywall). Meanwhile, from the Read More ›

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Will AI lead to mass joblessness and social unrest?

A 2018 book by political scientist Virginia Eubanks, Automating Inequality: How High-Tech Tools Profile, Police, and Punish the Poor argues that it will: “automated systems entrench social and economic inequality by design and undermine private and public welfare.” Read More ›