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AI may allow people to retire early and enjoy life
AI may allow people to retire early and enjoy life
The British Trade Union Congress said that in 1950 almost 1/3 of workers were engaged in manufacturing, and only 1/12 of workers engaged in professional and technical services. By 2016, the situation was reversed, but lost in manufacturing jobs and have not been replaced by similar or higher quality of work in the field, the former industrial area of the wage level is still lower than the national average of 10%.
In the next few decades, with the robot technology and AI to help increase productivity, the British Trade Union Congress said that more work is needed to help workers cope with life subversion of the predicament, and strive to benefit the biggest opportunity for workers. The agency says increased productivity gains could be used to reduce the age limit for workers to receive state pensions and to call for a "mid-term career assessment" and invest in new job training. The report said: "the previous technological revolution did not lead to fewer job losses, but their overall working hours decreased.". One of the potential benefits of technological change should be to improve the quality of life of workers."
"Robots and AI can allow us to produce more products in less time to boost the nation's prosperity," said Frances Francis Ogrady, secretary-general of the trade union conference in Britain (O'Grady). But we need a debate about who should benefit from the wealth and how the workers get a fair share. Robots are more than just terminators. Today some jobs will no longer exist, but new ones will be created. We must make sure that tomorrow's work will not be worse than today. The new technological revolution must provide satisfactory work with good pay and working conditions. If they cause work to be eliminated, funding must be provided to train people to have the ability to do new jobs."
It is not yet clear what impact AI and robotics have on employment, and some estimates suggest that up to 1/3 of jobs can be automated and, of course, new jobs. "What we know is that a large amount of existing work may be digitized, and policy makers must make plans to eliminate such consequences," the report said." For some workers, AI may boost their productivity and thus boost wages. An estimate shows that GDP is expected to grow by 10% with the help of automation. However, workers with lower skill levels may find that their work has changed or disappeared, and even worse competition may lead to a further decline in wages.
The report pointed out: "the basic income people's supporters said that the robot should be taxed to achieve this goal, this is the most effective way to those with capital will get more and more economic returns in economic growth to ensure. We suspect that this is the correct practice at present. As we said above, we need more technology investment, not less investment." .
The report said: "the wave of the wave of technological change (from the beginning of the last century in 70s) with many workers working and living was completely subversive, who has many local economic pillar industries are gone, no one to consider how to support those who work in these sectors of the people." However, this report does not show whether AI and robotics will bring more jobs, so we need some kind of common basic solution to deal with large-scale unemployment.