• 08 MAY 17
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    The Robot Economy: Ready or Not, Here It Comes

    From Truthout

    The Robot Economy: Ready or Not, Here It Comes
    Sunday, May 07, 2017 By JP Sottile, Truthout | News Analysis

    Excerpt

    September 17th changed everything.

    On that day in 2013, Oxford University published an innocuously titled academic paper by two mostly unknown economists. But “The Future of Employment” wasn’t just another number-crunching exercise in opacity by a couple of dreary scientists. No, their bombshell report portended a coming robot apocalypse that could change the nature of human civilization, and perhaps even human beings themselves.

    Thankfully, the forthcoming carnage described by Carl Benedikt Frey and Michael A. Osborne isn’t a doomsday scenario where Skynet systematically wipes out humankind, or a darkly lit near-future where attractive Replicants violently struggle to make sense of their emerging emotions in a perpetually damp Los Angeles.

    Instead, the economists previewed an all-too-real world where the second-richest man on the planet — Amazon’s Jeff Bezos — gleefully parades around like Sigourney Weaver in a massive robotic exoskeleton built by Hankook Mirae Technology.

    They presaged the impending doom from robots like Handle, the Michael Jordan-esque robot built by Boston Dynamics. Handle can leap like a superhero, can run a marathon in under three hours and, if Softbank CEO Masayoshi Son is right, will probably be smarter than you in just a few decades.

    They foresaw a future with the likes of Gordon, the “first robotic barista in the U.S.” Gordon can serve “about 120 coffees in an hour.” They also predicted the likes of Otto, the self-driving big-rig designated by Uber to deliver truckloads of beer to thirsty consumers. And then there’s Pepper, the empathic, “day-to-day” companion that is not just working in airports and banks, but being “adopted” into Japanese homes … and even “enrolling” in school.

    The Future Is Now

    This is the “next economy,” and, ready or not, it is coming at the double-time speed of Moore’s Law. This rapid acceleration of the Fourth Industrial Revolution is transforming “The Future of Employment’s” apocalyptic premonition — that 47 percent of all jobs in the United States may be lost to automation over the next two decades — into a solemn epitaph for the rapidly fading era of manufacturing-based, consumption-driven economics.

    Dire warnings have come from Bill Gates, Stephen Hawking, Elon Musk and, most dauntingly, from cybersecurity experts who recently warned of the threat of hacked robots violently turning against people and their pets in a souped-up scenario reminiscent of The Purge. However, long before a haywire Roomba or a disgruntled Pepper comes calling, millions of workers will struggle to fend off the brutal reality of unplanned obsolescence. SNIP

    Read the full article, with links here.

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