Top 10 Automation Quotes
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All in all, I don't think robots and greater automation can bring about a utopian world as I imagined it would as a kid 50 years ago.
Our aspiration must be to reform, upgrade and enlarge our education system - and to make it relevant to 21st century realities of the digital economy, genomics, robotics and automation.
Automation has emerged as a bigger threat to American jobs than globalization or immigration combined.
The bottom line is that while automation is eliminating many jobs in the economy that were once done by people, there is no sign that the introduction of technologies in recent years is creating an equal number of well-paying jobs to compensate for those losses.
People at the very top of the income scale also benefited from globalization and automation. But the income of working- and middle-class people in the developed world has stagnated.
Industrial jobs are disappearing, and they will continue to disappear owing to productivity gains from automation. Thus, social models that were created to fit industrial and early service economies will no longer be viable. As the industrial workforce shrinks, the social model founded on it will go, too.
The fundamental problem here is that humans and automation approach the driving task differently.
With greater extensibility and programmability, bitcoin can evolve to enable transformations in how all forms of property are secured and exchanged, how voting and governance function, including spilling into the automation of commercial law, audit, and accounting.
If cheap immigrant labor is made unavailable, employers can hire Americans at a higher wage, or replace low-wage immigrant workers with technology and automation, which will create a smaller number of skilled jobs for Americans.
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