job displacement

As the third and final speaker at the Dallas launch of the Walter Bradley Center for Natural and Artificial Intelligence, philosopher of technology George Gilder, author of Life after Google, offered some insights into the ultimate vision of the current AI technocrats. See also: “George Gilder: Life after Google will be okay“. “Seriously, the Google people do not believe that Read More ›

George Gilder recently sat down with Peter Robinson of the Hoover Institution on his online series Uncommon Knowledge. Gilder discusses his new book Life After Google, where he argues that bitcoin and blockchain are destined to surpass cloud computing, ushering in a new era of technology. Gilder also parses over a history of technology and artificial intelligence, quelling fears about machines taking all of Read More ›

Bestselling author and economist Jay W. Richards makes the definitive case for how the free market and individual responsibility can save the American Dream in an age of automation and mass disruption. For two and a half centuries, America has been held together by the belief that if you work hard and conduct yourself responsibly in this country, you will be Read More ›

According to a new International Monetary Fund research paper, the answer to the above question is yes. As one story on the IMF report put it, “The future of work run by robots appears to be a dystopian march to rising inequality, falling wages and higher unemployment.” This is just the latest in a long line of predictions that artificial intelligence and automation will soon create massive “technological unemployment.”

I get it. Doomsday predictions gain shares on Facebook and Twitter. But these apocalyptic fears defy the lessons of both history and economics.