Saturday, November 11, 2017

Main Saudi Problem? Too Effing Many Arabians!!!

Bostonglobe |  In a recent Pew study, 72 percent of Americans report feeling either worried or very worried about “a future where robots and computers can do many human jobs.” Seventy-six percent believe that economic inequality will grow worse in such a future. 

As president of an institute with “technology” in its name and national service in its mission, I take these concerns seriously. Every past technology wave ultimately produced more jobs than it destroyed and delivered important gains, from higher living standards and life expectancy to productivity and economic growth. Yet many fear that this time the change may be so fast and so vast, and its impact so uneven and disruptive, that it may threaten not only individual livelihoods, but the stability of society itself. 

Fortunately, this outcome is not inevitable — and the future is in our hands. Indeed, deliberate, coordinated action is what smoothed such transitions in the past. If we want the advance of technology to benefit everyone, however, we need to take action right away: We must proactively and thoughtfully reinvent the future of work.

Simply understanding the problem is a challenge; interestingly, experts still disagree on exactly which groups and regions are losing jobs primarily to automation, how quickly such impact will spread, and what interventions can help. To build sound, long-term policy on something this important, we cannot rely on anecdotes. Government, foundation, and corporate leaders need to invest in better data now.