Computers Jump to the Head of the Class
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Computers Jump to the Head of the Class
Computers Jump to the Head of the Class
The widespread adoption of artificial intelligence could lead to a radical restructuring of economic activity and the job market, outpacing the ability of social and education systems to adjust.
Intelligent machines could be used to replace expensive human resources, potentially undermining the economic value of much vocational education, Ms. Arai said.
“Educational investment will not be attractive to those without unique skills,” she said. Graduates, she noted, need to earn a return on their investment in training: “But instead they will lose jobs, replaced by information simulation. They will stay uneducated.”
“We do not know in which areas human beings outperform machines. That means we cannot prepare for the changes,” she said. “Even during the industrial revolution change was a lot slower.”
Over the next 10 to 20 years, “10 percent to 20 percent pushed out of work by A.I. will be a catastrophe,” she says. “I can’t begin to think what 50 percent would mean — way beyond a catastrophe and such numbers can’t be ruled out if A.I. performs well in the future.”
She is not alone in such an assessment. A recent study published by the Program on the Impacts of Future Technology, at Oxford University’s Oxford Martin School, predicted that nearly half of all jobs in the United States could be replaced by computers over the next two decades.
Source.
College education is more worthless every second.
The widespread adoption of artificial intelligence could lead to a radical restructuring of economic activity and the job market, outpacing the ability of social and education systems to adjust.
Intelligent machines could be used to replace expensive human resources, potentially undermining the economic value of much vocational education, Ms. Arai said.
“Educational investment will not be attractive to those without unique skills,” she said. Graduates, she noted, need to earn a return on their investment in training: “But instead they will lose jobs, replaced by information simulation. They will stay uneducated.”
“We do not know in which areas human beings outperform machines. That means we cannot prepare for the changes,” she said. “Even during the industrial revolution change was a lot slower.”
Over the next 10 to 20 years, “10 percent to 20 percent pushed out of work by A.I. will be a catastrophe,” she says. “I can’t begin to think what 50 percent would mean — way beyond a catastrophe and such numbers can’t be ruled out if A.I. performs well in the future.”
She is not alone in such an assessment. A recent study published by the Program on the Impacts of Future Technology, at Oxford University’s Oxford Martin School, predicted that nearly half of all jobs in the United States could be replaced by computers over the next two decades.
Source.
College education is more worthless every second.
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You realize there are already burger-flipping robots, right? This isn't a problem for 10 years from now, especially if we keep adding more regulations and taxes that make human labor more expensive.
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I think we need to look at what Germany has done with vocational training instead of pushing a 4 year degree down everyone's throat. However, for those that go after it I think the BA is going to be the new HS Diploma soon... if we are not already there.
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Bachelors is very much a HS diploma now. Or the most, an Associates. An MBA, Masters or Doctorate are really the only way to get ahead of some candidates now. At least around here anyway. Thank goodness for my MBA though.