A 2014 Pew Research Center study asked nearly 2,000 experts about how technologies like robotics and artificial intelligence (AI) would affect jobs. About half said a significant number of jobs, both blue- and white-collar, would be gone, potentially resulting in massive unemployment, income inequality and a complete breakdown of social order.
While we’re used to factory jobs being lost, the rise of AI will be vastly more far-reaching. In “18 Jobs That Are Most Likely to Be Killed off by Computers,” we listed jobs in jeopardy, ranging from equipment operators to physicists. Computers equipped with AI are now even writing articles, so journalism jobs could also one day follow dial phones and camcorders into history.
But it’s not all doom and gloom. Some futurists are suggesting that by letting robots and AI handle much of the work that humans currently do, the new economy could provide a universal guaranteed income, thus freeing humans to be more creative and productive.
So, which is the likely outcome: Dystopian hellscape or a free-money Nirvana? That’s what we’re going to explore in this week’s “Money!” podcast.
As usual, my co-hosts will be financial journalist Miranda Marquit and producer Aaron Freeman. Our special guest for this episode is Anthony P. Carnevale, research professor and director of the Georgetown University Center on Education and the Workforce.
Sit back, relax and listen to this week’s “Money!” podcast:
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Want more information? Check out these resources:
- 18 Jobs That Are Most Likely to Be Killed off by Computers
- 5 Ways to Outsmart the Robots That Are Stealing Our Jobs
- What Happens If Artificial Intelligence Puts Us All Out of Work?
- Georgetown University: What’s It Worth?: The Economic Value of College Majors
- Organisation for Economic Cooperation and Development (OECD): The Risk of Automation for Jobs in OECD Countries
- McKinsey Global Institute: Jobs Lost, Jobs Gained: Workforce Transitions in a Time of Automation
- Fast Company: How Soon Before Your Job Is Done by a Robot?
- University of Oxford: The Future of Employment: How Susceptible Are Jobs to Computerisation?
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I founded Money Talks News in 1991. I’m a CPA, and I have also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.