By 2030 over 800 million jobs could be automated globally. While in the past, increased productivity from innovation tracked positively with wage increases and employment, these trends have parted ways. The integration of information tech, precision manufacturing, and machine learning place us on the precipice of a rapidly changing economy - and an end to work as we know it.
Can we adapt to the incoming automation wave, or will we be left out in the cold as the robots take our jobs, our world, and our very ability to survive?
Subscribe now on: iTunes | Google Play | Stitcher | Soundcloud | RSS | or search "Ashes Ashes" on your favorite podcast app.
Chapters
- 06:47 Obstacles to Total Manual Automation
- 10:14 Automation Economics
- 11:36 Wages
- 14:31 Job Creation
- 23:34 Unemployment
- 24:11 De-Skill
- 30:29 Minimum Wage
- 32:40 White Collar Jobs
- 45:15 Education Can Save Us?
- 52:30 Jobs that Lack Meaning
- 1:01:58 Who Paid for Technology?
- 1:04:06 Universal Basic Income?
- 1:09:12 What Can We Do?
Sources
@misc{guilford_2018, title={The epic mistake about manufacturing that's cost Americans millions of jobs}, url={https://qz.com/1269172/the-epic-mistake-about-manufacturing-thats-cost-americans-millions-of-jobs/}, journal={Quartz}, publisher={Quartz}, author={Guilford, Gwynn}, year={2018}, month={May}}
@misc{wilkes_2018, title={How the World's Biggest Companies Are Fine-Tuning the Robot Revolution}, url={https://www.wsj.com/articles/how-the-worlds-biggest-companies-are-fine-tuning-the-robot-revolution-1526307839}, journal={The Wall Street Journal}, publisher={Dow Jones & Company}, author={Wilkes, William}, year={2018}, month={May}}
@book{ad1964triple, title={The Triple Revolution: An Appraisal of the Major U.S. Crises and Proposals for Action}, author={Ad Hoc Committee on the Triple Revolution and Economic Research and Action Project}, url={https://books.google.com/books?id=bKEboAEACAAJ}, year={1964}, publisher={The Committee} }
@misc{devlin_2018, title={London hospitals to replace doctors and nurses with AI for some tasks}, url={https://www.theguardian.com/society/2018/may/21/london-hospitals-to-replace-doctors-and-nurses-with-ai-for-some-tasks}, journal={The Guardian}, publisher={Guardian News and Media}, author={Devlin, Hannah}, year={2018}, month={May}}
@misc{harris_kimson_schwedel_2018, title={Why the Automation Boom Could Be Followed by a Bust}, url={https://hbr.org/2018/03/why-the-automation-boom-could-be-followed-by-a-bust}, journal={Harvard Business Review}, author={Harris , Karen and Kimson, Austin and Schwedel, Andrew}, year={2018}, month={Mar}}
@misc{harris_kimson_schwedel_2018, title={Labor 2030: The Collision of Demographics, Automation and Inequality}, url={http://www.bain.com/publications/articles/labor-2030-the-collision-of-demographics-automation-and-inequality.aspx}, journal={Management Tools - Mission and Vision Statements - Bain & Company}, author={Harris, Karen and Kimson, Austin and Schwedel, Andrew}, year={2018}, month={Feb}}
@misc{kessler_2017, title={An economist explains why education won't save us from being replaced by robots}, url={https://qz.com/1013478/an-economist-explains-why-education-wont-save-us-from-being-replaced-by-robots/}, journal={Quartz}, publisher={Quartz}, author={Kessler, Sarah}, year={2017}, month={Jun}}
@article{lordan_neumark_2018, title={People Versus Machines: The Impact of Minimum Wages on Automatable Jobs}, url={https://www.nber.org/papers/w23667}, DOI={10.3386/w23667}, journal={the National Bureau of Economic Research}, author={Lordan, Grace and Neumark, David}, year={2018}, month={Jan}}
@misc{pwc_2017, title={Will robots steal our jobs? The potential impact of automation on the UK and other major economies}, url={https://www.pwc.co.uk/economic-services/ukeo/pwcukeo-section-4-automation-march-2017-v2.pdf}, journal={UK Economic Outlook 2017}, publisher={PwC}, author={PwC}, year={2017}, month={Mar}}
@misc{chui_manyika_miremadi_2017, title={The Countries Most (and Least) Likely to be Affected by Automation}, url={https://hbr.org/2017/04/the-countries-most-and-least-likely-to-be-affected-by-automation}, journal={Harvard Business Review}, author={Chui , Michael and Manyika, James and Miremadi, Mehdi}, year={2017}, month={Apr}}
@misc{worstall_2016, title={What Saved Hostess And Twinkies: Automation And Firing 95% Of The Union Workforce}, url={https://www.forbes.com/sites/timworstall/2016/07/06/what-saved-hostess-and-twinkies-automation-and-firing-95-of-the-union-workforce/#3dc3678b4dbb}, journal={Forbes}, publisher={Forbes Magazine}, author={Worstall, Tim}, year={2016}, month={Jul}}
@article{nedelkoska_quintini_2018, title={Automation, skills use and training}, url={https://read.oecd-ilibrary.org/employment/automation-skills-use-and-training_2e2f4eea-en#page1}, DOI={10.1787/2e2f4eea-en}, journal={OECD Social, Employment and Migration Working Papers}, author={Nedelkoska, Ljubica and Quintini, Glenda}, year={2018}, month={Aug}}
@misc{data team_2018, title={A study finds nearly half of jobs are vulnerable to automation}, url={https://www.economist.com/graphic-detail/2018/04/24/a-study-finds-nearly-half-of-jobs-are-vulnerable-to-automation}, journal={The Economist}, publisher={The Economist Newspaper}, author={DATA TEAM}, year={2018}, month={Apr}}
@misc{revell_2017, title={Automation will have a bigger impact on jobs in smaller cities}, url={https://www.newscientist.com/article/2131048-automation-will-have-a-bigger-impact-on-jobs-in-smaller-cities/}, journal={New Scientist}, publisher={New Scientist}, author={Revell, Timothy}, year={2017}, month={May}}
@misc{goldstein_2018, title={Automation has hurt labor-force participation, and it's going to get worse, IMF finds}, url={https://www.marketwatch.com/story/automation-has-hurt-labor-force-participation-and-its-going-to-get-worse-imf-finds-2018-04-09}, journal={MarketWatch}, publisher={MarketWatch}, author={Goldstein, Steve}, year={2018}, month={Apr}}
@misc{mann_püttmann_2017, title={Benign effects of automation: New evidence}, url={https://voxeu.org/article/benign-effects-automation-new-evidence}, journal={The industrial revolution as an energy revolution | VOX, CEPR's Policy Portal}, author={Mann, Katja and Püttmann, Lukas}, year={2017}, month={Dec}}
@misc{shtull-trauring_2012, title={An Israeli professor's 'Eureqa' moment}, url={https://www.haaretz.com/1.5181099}, journal={haaretz.com}, publisher={Haaretz Com}, author={Shtull-Trauring, Asaf}, year={2012}, month={Feb}}
@article{beaudry_green_sand_2013, title={The Great Reversal in the Demand for Skill and Cognitive Tasks}, url={http://www.nber.org/papers/w18901}, DOI={10.3386/w18901}, journal={the National Bureau of Economic Research}, author={Beaudry, Paul and Green, David and Sand, Benjamin}, year={2013}, month={Mar}}
@misc{manyika_lund_chui_bughin_woetzel_batra_ko_sanghvi_2017, title={Jobs lost, jobs gained: What the future of work will mean for jobs, skills, and wages}, url={https://www.mckinsey.com/featured-insights/future-of-organizations-and-work/jobs-lost-jobs-gained-what-the-future-of-work-will-mean-for-jobs-skills-and-wages}, journal={McKinsey and Company}, publisher={McKinsey Global Institute}, author={Manyika, James and Lund, Susan and Chui, Michael and Bughin, Jacques and Woetzel, Jonathan and Batra, Parul and Ko, Ryan and Sanghvi, Saurabh}, year={2017}, month={Nov}}
@article{frank_sun_cebrian_youn_rahwan_2018, title={Small cities face greater impact from automation}, volume={15}, url={http://rsif.royalsocietypublishing.org/content/15/139/20170946}, DOI={10.1098/rsif.2017.0946}, number={139}, journal={Journal of The Royal Society Interface}, author={Frank, Morgan R. and Sun, Lijun and Cebrian, Manuel and Youn, Hyejin and Rahwan, Iyad}, year={2018}, month={Feb}, pages={20170946}}
@misc{grigoli_kóczán_topalova_2018, title={Wanted: Policies to Encourage and Enable Work in Advanced Economies}, url={https://blogs.imf.org/2018/04/09/wanted-policies-to-encourage-and-enable-work-in-advanced-economies/}, journal={IMF Blog}, author={Grigoli, Francesco and Kóczán, Zsóka and Topalova, Petia}, year={2018}, month={Apr}}
@misc{robinson_2016, title={This robot-powered restaurant could put fast food workers out of a job}, url={http://www.businessinsider.com/momentum-machines-is-hiring-2016-6}, journal={Business Insider}, publisher={Business Insider}, author={Robinson, Melia}, year={2016}, month={Jun}}
@misc{mittal_2018, title={From Alibaba to Google, here are the 10 biggest tech IPOs of all time}, url={https://yourstory.com/2018/02/biggest-tech-ipo-of-all-time/}, journal={YourStory.com}, publisher={Yourstory}, author={Mittal, Tarun}, year={2018}, month={Feb}}
@book{ford_2016, place={New York}, title={Rise of the robots: technology and the threat of a jobless future}, publisher={Basic Books}, author={Ford, Martin}, year={2016}}