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"Robots causing millions of job losses could lead to the rise of communism"

Matt_ADMIN_Matt_ADMIN_ Administrator


Mark Carney warned the automation of jobs currently done by humans could trigger mass unemployment and wage stagnation.

That will create vast inequalities between workers who benefit from artificial intelligence and those whose careers are wiped out by it.

“If you substitute platforms for textile mills, machine learning for steam engines, Twitter for the telegraph, you have exactly the same dynamics as existed 150 years ago when Karl Marx was scribbling The Communist Manifesto,” he said.

Mr Carney told the Canada Growth Summit a new robot-led industrial revolution had already begun and would affect nearly all careers.

https://www.dailystar.co.uk/news/latest-news/696123/robots-cause-job-losses-could-lead-communism-bank-of-england

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"...Say, 'GOD is sufficient for me.' In Him the trusters shall trust." (Quran 39:38)

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  • Rosie_MOD_Rosie_MOD_ Moderator


    Mark Carney warned the automation of jobs currently done by humans could trigger mass unemployment and wage stagnation.

    That will create vast inequalities between workers who benefit from artificial intelligence and those whose careers are wiped out by it.

    “If you substitute platforms for textile mills, machine learning for steam engines, Twitter for the telegraph, you have exactly the same dynamics as existed 150 years ago when Karl Marx was scribbling The Communist Manifesto,” he said.

    Mr Carney told the Canada Growth Summit a new robot-led industrial revolution had already begun and would affect nearly all careers.

    https://www.dailystar.co.uk/news/latest-news/696123/robots-cause-job-losses-could-lead-communism-bank-of-england

    Even surgeons could have a battle on their hands. 
    "Meet your new robologist, Dr. Tinfingers A.I."

    "We are shaped by our thoughts; we become what we think. When the mind is pure, joy follows like a shadow that never leaves."

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