Summary: It was long denied, but now everybody sees the coming of the next industrial revolution. We enter the next phase, when experts assure us that the obvious will not happen, that the dynamics of past industrial revolutions would not repeat (although they don’t explain why). Today we look at experts grappling with these issues, and see some simple truths.
Now that the 3rd industrial revolution has appeared on the front pages, Pew Research polls experts to learn its consequence: “AI, Robotics, and the Future of Jobs“, Aaron Smith and Janna Anderson, 6 August 2014 — Excerpt:
The vast majority of respondents to the 2014 Future of the Internet canvassing anticipate that robotics and artificial intelligence will permeate wide segments of daily life by 2025, with huge implications for a range of industries such as health care, transport and logistics, customer service, and home maintenance. But even as they are largely consistent in their predictions for the evolution of technology itself, they are deeply divided on how advances in AI and robotics will impact the economic and employment picture over the next decade.
… Some 1,896 experts responded to the following question: Will networked, automated, artificial intelligence (AI) applications and robotic devices have displaced more jobs than they have created by 2025?
Half of these experts (48%) envision a future in which robots and digital agents have displaced significant numbers of both blue- and white-collar workers — with many expressing concern that this will lead to vast increases in income inequality, masses of people who are effectively unemployable, and breakdowns in the social order.
The other half of the experts who responded to this survey (52%) expect that technology will not displace more jobs than it creates by 2025. To be sure, this group anticipates that many jobs currently performed by humans will be substantially taken over by robots or digital agents by 2025. But they have faith that human ingenuity will create new jobs, industries, and ways to make a living, just as it has been doing since the dawn of the Industrial Revolution.
Most of the answers are exercises in making stuff up, just faith-based guessing (see examples here). Which is sad, as they disregard the painfully gained knowledge from previous industrial revolutions. History, economics, political science, and sociology give insights as to what we can expect from the massive increase in productivity that might loom ahead. But using our imagination is more fun.
There are others with a more scholarly approach, such as the study described by Matthew Yglesias in “Robots won’t destroy jobs, but they may destroy the middle class“, VOX, 23 August 2014 — Excerpt: