Tag "jobs"

Instead of Slowing Down Innovation To Protect Few People, Policymakers Should Focus On Helping Displaced Workers Transition Into New Jobs, ITIF Suggests

There has been growing speculation that a coming wave of innovation — indeed, a tsunami — powered by artificial intelligence (AI) and robotics, will disrupt labor markets, generate mass unemployment, and shift the few jobs that remain into the insecure “gig economy.” Kneejerk “solutions” from such technology Cassandras include ideas like taxing “robots” and implementing universal basic income for everyone, employed or not. The first would slow needed productivity growth,