Mass displacement of human labor is nothing new, but the spread of artificial intelligence and the Internet of Things raises the prospect of an unprecedented wave of technology-driven job losses, with adequate replacement employment nowhere in sight. How can we embrace the possibilities of radical innovation while addressing the threat of large-scale unemployment and a spike in inequality?
- Ricardo Hausmann argues that most countries should focus on ensuring that they can master every new technology and exploit every new opportunity that comes their way.
- Kenneth Rogoff thinks that angst about the future of employment is much higher in Asia than in America and Europe, perhaps because the future seems nearer.
- Simon Johnson believes that, at least for the immediate future, AI will remain a powerful tool for enabling people to live better lives.