"The key question is not whe..."


by Eliezer Yudkowsky Mar 31 2015

The key question is not whether particular industries get automated. They will be. But so was weaving and farming (3% agricultural employment in First World countries that export food, vs. 98% agricultural employment in the old days) and that didn't impact long-term unemployment. So the question is not whether particular jobs get automated, but whether employment as a whole will marginally drop as a result of marginally better automation given continuation of other current trends, potentially including incompetent central banks that allow aggregate demand slumps and so on.