Feb 25, 2017 · 1 min read
This is a specious argument. Many deep-thinking folks — including some economists — are concerned or convinced that AI poses a considerably different threat than the mechanical looms of early industrialism. It is unclear exactly what other jobs are likely to open up for those formerly bending metal in factories, delivering food to supermarkets, or providing financial advice once AIs do that for zero wages. You can’t dismiss this with a handwave and invoking the so-called ‘Luddite Fallacy’. It wasn’t a fallacy, and neither is what is happening to jobs in today’s economy. It’s real.
And, oh, by the way, all the retraining you talk about? It’s not happening.
