"For two centuries or more new technology has impacted upon employment in manufacturing and other sectors. Technological developments have led most notably to the loss of jobs that required physical capabilities. In the past, however, these new technologies have ultimately created more jobs than have been lost due to the development of new sectors and new tasks within sectors. The new wave of technology that constitutes the Fourth Industrial Revolution has the potential to be far more disruptive...
Artificial intelligence and machine learning are emerging technologies that many people are afraid of, including so-called ‘experts’ and policymakers. Perceived threats include the loss of millions of jobs, leading to mass unemployment and spiralling social and economic problems. One popular study by Frey and Osborne concludes that “47% of total US employment is in the high-risk category [above 70% risk], meaning that associated occupations are potentially automatable over some unspecified numbe...