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Why economists and futurists disagree about the future of the labor market.


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Sources:
https://economics.mit.edu/files/11563
https://www.aeaweb.org/full_issue.php?doi=10.1257/jep.29.3#page=33
http://voxeu.org/article/how-computer-automation-affects-occupations
https://www.opensocietyfoundations.org/sites/default/files/future-work-lit-review-20150428.pdf
https://obamawhitehouse.archives.gov/sites/whitehouse.gov/files/documents/Artificial-Intelligence-Automation-Economy.PDF
https://www.vox.com/2015/7/27/9038829/automation-myth
https://www.amazon.com/dp/B00PWX7RPG/ref=dp-kindle-redirect
https://www.amazon.com/Second-Machine-Age-Prosperity-Technologies-ebook/dp/B00D97HPQI/ref=sr_1_1
https://www.amazon.com/New-Division-Labor-Computers-Creating/dp/0691124027/ref=sr_1_1?
https://www.oxfordmartin.ox.ac.uk/downloads/academic/The_Future_of_Employment.pdf

Clips:


https://www.youtube.com/watch?v=VTlV0Y5yAww
https://www.youtube.com/watch?v=_luhn7TLfWU
https://www.youtube.com/watch?v=rVlhMGQgDkY
https://www.youtube.com/watch?v=rCoFKUJ_8Yo
https://www.youtube.com/watch?v=yeyn9zzrC84
https://www.youtube.com/watch?v=7Pq-S557XQU
https://www.youtube.com/watch?v=WSKi8HfcxEk

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Recent advancements in artificial intelligence and robotics have commentators worrying about the coming obsolescence of the human worker. Some in Silicon Valley are even calling for a basic minimum income provided by the government for everyone, under the assumption that work will become scarce. But many economists are skeptical of these claims, because the notion that the the economy offers a fixed amount of work has been debunked time and time again over the centuries and current economic data show no signs of a productivity boom. Fortunately, we don't need to divine the future of the labor market in order to prepare for it.

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