humble3d Posted May 7, 2018 Share Posted May 7, 2018 ROBOTS causing millions of job losses Mark Carney warned the automation of jobs currently done by humans could trigger mass unemployment and wage stagnation. That will create vast inequalities between workers who benefit from artificial intelligence and those whose careers are wiped out by it. “If you substitute platforms for textile mills, machine learning for steam engines, Twitter for the telegraph, you have exactly the same dynamics as existed 150 years ago when Karl Marx was scribbling The Communist Manifesto,” he said. Mr Carney told the Canada Growth Summit a new robot-led industrial revolution had already begun and would affect nearly all careers. The automation of jobs could trigger mass unemployment Law firms already use artificial intelligence to comb through documents and read evidence - something traditionally done by junior lawyers. Banks have computerised vast swathes of customer service departments resulting in job losses. Taxi and lorry driving jobs will go as self-driving technology improves, he said. The first industrial revolution saw a huge growth in production during the late 18th and early 19th centuries. But wages did not rise for decades as machines meant most new jobs created by technology were low-skilled. Many experts believe political unrest sparked by the resulting inequalities led to the rise of left-and right-wing extremism across Europe. To prevent it happening again Mr Carney suggested workers should train for jobs which require a higher emotional intelligence in sectors such as care and leisure. City fund manager vice-chairman Edward Bonham Carter, 57, the brother of actress Helena, believes a `significant number of jobs' will be wiped out over the next 30 years. “It's relatively easy to think of the jobs that might get removed and automated,” he said. The ADA Mini will be deployed at Istanbul's new third airport to open later this year, to assist people with checkin and airport information, the robots are able to speak, recognise faces, use the internet and process what they see, hear and smell. The ADA Mini will be deployed at Istanbul's new third airport to open later this year, to assist people with checkin and airport information Getty Images The ADA Mini will be deployed at Istanbul's new third airport to open later this year, to assist people with checkin and airport information The ADA Mini will be deployed at Istanbul's new third airport to open later this year, to assist people with checkin and airport information The robots are able to speak, recognize faces, use the internet and process what they see, hear and smell A robot head is seen on a shelf at the Akin Robotics factory An Akin Robotics employee works on an "ADA GH5" robot at the Akin Robotics factory on March 15, 2018 in Konya, Turkey The GH5 model and a new model the ADA Mini are programmed to work in shopping malls, airports, hospitals and homes An Akin Robotics software engineer works on the new "ADA Mini robot at the Akin Robotics factory Akin Robotics is Turkey's first humanoid robotics factory and one of the first in the world to start mass production “Whereas before it was manual labour that could be repeated and mechanised, now quite a lot of the service jobs in theory could be replaced.” “It's starting to happen in the middle-class area, professional jobs. “What's different from the previous industrial revolutions is that it's the professional classes that are now being threatened. “Whereas before it was manual labour that could be repeated and mechanised, now quite a lot of the service jobs in theory could be replaced. “So it's not just truck drivers.” He said Britain needs to shake-up an education system which currently focuses on testing children's ability to retain information like robots. “I think the key things are analytical skills, communications skills, skills that robots are probably going to be behind humans on - empathy, dealing with other humans,” he added. https://www.dailystar.co.uk/news/latest-news/696123/robots-cause-job-losses-could-lead-communism-bank-of-england Link to comment Share on other sites More sharing options...
LeeSmithG Posted May 7, 2018 Share Posted May 7, 2018 This happened over thirty (30) years ago in the car building industry. It also happens in factories. We program robots so we are smarter than they can ever be. Link to comment Share on other sites More sharing options...
dMog Posted May 7, 2018 Share Posted May 7, 2018 37 minutes ago, LeeSmithG said: This happened over thirty (30) years ago in the car building industry. It also happens in factories. We program robots so we are smarter than they can ever be. warehouses for grocery stores to lumber are now manned by robot pickers..soon trucking industry will be taken over by robotic trucks with no drivers... companies save billions and humans will be relegated back to being serfs or worse..all in the name of profit for the elite 5 percent of humanity Link to comment Share on other sites More sharing options...
dcs18 Posted May 7, 2018 Share Posted May 7, 2018 2 hours ago, LeeSmithG said: We program robots so we are smarter than they can ever be. Smarter and . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . jobless. Link to comment Share on other sites More sharing options...
LeeSmithG Posted May 8, 2018 Share Posted May 8, 2018 15 hours ago, dMog said: warehouses for grocery stores to lumber are now manned by robot pickers..soon trucking industry will be taken over by robotic trucks with no drivers... companies save billions and humans will be relegated back to being serfs or worse..all in the name of profit for the elite 5 percent of humanity I don't think driverless vehicles will become the norm. I think it will cause mass crashes. However, maybe two (2) and four (4) door cars but not buses and trucks. You must be a loon if you rode a driverless motor cycle. Link to comment Share on other sites More sharing options...
plb4333 Posted May 8, 2018 Share Posted May 8, 2018 18 hours ago, LeeSmithG said: This happened over thirty (30) years ago in the car building industry. It also happens in factories. We program robots so we are smarter than they can ever be. 19 hours ago, LeeSmithG said: This happened over thirty (30) years ago in the car building industry. It also happens in factories. We program robots so we are smarter than they can ever be. AI robots are the exception tho. Since the algorithms used will cause them to rapidly increase their intelligence everytime they're processing. That's the biggest fear of these kind. Link to comment Share on other sites More sharing options...
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