Jul 19, 2018

Barack Obama suggests cash handouts be considered to address workforce challenges

Posted by in categories: economics, robotics/AI, security

But even though money is necessary, it’s not sufficient to provide human beings a sense of satisfaction, Obama cautioned. As more and more tasks and services become automated with the rise of artificial intelligence, “that’s going to make the job of giving everybody work that is meaningful tougher, and we’re going to have to be more imaginative, and the pace of change is going to require us to do more fundamental re-imagining of our social and political arrangements, to protect the economic security and the dignity that comes with a job.”

The former president says “we’re going to have to consider new ways of thinking” as technology threatens current labor markets.

Read more

Comments are closed.