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At Davos, IBM Chief Predicts Artificial Intelligence Won’t Be a Job Killer

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11–20 of 195 posts

Re: At Davos, IBM Chief Predicts Artificial Intelligence Won’t Be a Job Killer

#11

Is IBM CEO Ginni Rometty someone who can actually provide insight on the impact of AI on society? I'm sure some of her subordinates could, but the only thing I've ever heard about her personally is that she's driving IBM into the ground by chasing some unrealistic financial metric, and I'm not super inclined to bypass a paywall just to hear an executive say executive things.

>I'm sure some of her subordinates could

Where do you think CEOs get their information from?

Re: At Davos, IBM Chief Predicts Artificial Intelligence Won’t Be a Job Killer

#12
More corporate propaganda where they leave out the key details and don't address easy questions.

Much like IBM's bullshit 25,000 jobs PR stunt this one has no substance besides the empty words of a suit who will do anything to increase revenue.

Re: At Davos, IBM Chief Predicts Artificial Intelligence Won’t Be a Job Killer

#13
post #3

This is all you need to read from the article: > Advances in artificial intelligence will lead to job losses, but new forms of employment will take their place...History, though, has demonstrated that technological breakthroughs lead to new employment opportunities -- IBM CEO Ginni Rometty But, I think we are approaching (if we haven't already crossed this point) the time where new jobs created by technology advancem…

Instagram is not replacement for photo labs, digital cameras are.

So smartphones? I thinking looking at this from the point of view of a single product category is too simplistic and likely inaccurate. A better way of looking at this may be "one new ecosystem of jobs is replacing another".

If you look at it this way, it's possible that the new ecosystem is just as big in terms of number of jobs.

I think a bigger problem may be that the pace of change is accelerating and people used to sticking to a job for a decade or longer may find themselves having to do more drastic career changes every few years.

Re: At Davos, IBM Chief Predicts Artificial Intelligence Won’t Be a Job Killer

#14
There's a lot believers in technological unemployment here on HN and one thing I think that viewpoint misses is just how darn resilient humans are to changes in the economy. In the past 150 years, we've seen human manual labor replaced by mechanical labor. Think about that -- a lot of early California settlers walked here, and now you're commanding power roughly equivalent to 100 horses when you hop into your car. Agricultural employment went from 90%+ of the population to ~1% over a few generations. People using computers at work went from less than 1% to complete ubiquity in 30 years. And against all of this, unemployment is still near its target rate. Is the large scale rollout of predictive algorithms really a bigger wave than those that have come previously?

Re: At Davos, IBM Chief Predicts Artificial Intelligence Won’t Be a Job Killer

#15
post #3

This is all you need to read from the article: > Advances in artificial intelligence will lead to job losses, but new forms of employment will take their place...History, though, has demonstrated that technological breakthroughs lead to new employment opportunities -- IBM CEO Ginni Rometty But, I think we are approaching (if we haven't already crossed this point) the time where new jobs created by technology advancem…

Tech never creates as many jobs as it destroys buy it doesn't have to. When there were less farming the economy compensated by creating manufacturing jobs so I don't think that the worst case scenario is a given, at least in the reasonably foreseeable future

Re: At Davos, IBM Chief Predicts Artificial Intelligence Won’t Be a Job Killer

#16
post #7
post #3

This is all you need to read from the article: > Advances in artificial intelligence will lead to job losses, but new forms of employment will take their place...History, though, has demonstrated that technological breakthroughs lead to new employment opportunities -- IBM CEO Ginni Rometty But, I think we are approaching (if we haven't already crossed this point) the time where new jobs created by technology advancem…

I agree. It all seems so obvious to me that I feel like I must be the fool in the room, but that can't be. Technology and progress in science changes the kinds of work we do. The processes are accelerating, and we're reaching a point where work is better done by machines. I can see no viable future for humans other than Universal Basic Income, with options for additional creativity and work unbounded by time spent do…

I think part of what drives your view on this is a particular idea of what a "job" is. It's likely that the meaning, in aggregate, will shift somewhat over time.

Another way to look at it is that some people like working, and find having a job fulfilling, regardless of whether it pays the bills or not (many senior people get simple jobs after retiring because they like it).

If we think of a "job" as a means for acquiring the resources for happiness (all too often money for basic needs, but also often a feeling of advancement and status among peers), then it's not something we necessarily want to do away with. It may be that it's less based on money and more on some other capital (social?) instead though.

Re: At Davos, IBM Chief Predicts Artificial Intelligence Won’t Be a Job Killer

#17
post #14

There's a lot believers in technological unemployment here on HN and one thing I think that viewpoint misses is just how darn resilient humans are to changes in the economy. In the past 150 years, we've seen human manual labor replaced by mechanical labor. Think about that -- a lot of early California settlers walked here, and now you're commanding power roughly equivalent to 100 horses when you hop into your car. Ag…

Unemployment is only part of it. What about wages?

Re: At Davos, IBM Chief Predicts Artificial Intelligence Won’t Be a Job Killer

#19
post #14

There's a lot believers in technological unemployment here on HN and one thing I think that viewpoint misses is just how darn resilient humans are to changes in the economy. In the past 150 years, we've seen human manual labor replaced by mechanical labor. Think about that -- a lot of early California settlers walked here, and now you're commanding power roughly equivalent to 100 horses when you hop into your car. Ag…

unemployment calculated how? As I understand it, we measure based on how many people are looking for work and have it.

So if our social safety nets (retirement) and cultural expectations have kept pace with people being employed less, (be it in hours/day, hours/week, or just what years you'll be working), I'd expect unemployment numbers to not show the effects of technological unemployment.

Of course, it's too simplistic to just assert what I have and ignore forces on the other side (for example, dual income households are now the norm). That is, however, my point: Looking at the unemployment numbers is a poor measure of any effects upon people's ability to work as it has so much else lumped in there.

Re: At Davos, IBM Chief Predicts Artificial Intelligence Won’t Be a Job Killer

#20
post #14

There's a lot believers in technological unemployment here on HN and one thing I think that viewpoint misses is just how darn resilient humans are to changes in the economy. In the past 150 years, we've seen human manual labor replaced by mechanical labor. Think about that -- a lot of early California settlers walked here, and now you're commanding power roughly equivalent to 100 horses when you hop into your car. Ag…

There is also a large proportion of people whose standard of living is a step back from being self-sufficient modest farmers living with family off their own land.

I'll all for technological advancement. As a society, we've accomplished marvelous things. But it's useful to remember whether individuals are actually improving their standard of living or not.

> now you're commanding power roughly equivalent to 100 horses when you hop into your car

The flipside of this is that (for most US) you must have a car to perform basic necessities such as purchasing food to eat. Food that would have otherwise been in your vegetable garden/chicken coop/pond.

Our society is immensely better for well-off city dwellers, but there are large portions of the population whose level of freedom is only slighly better than servitude.

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