Posts Under: robotics

Larry Summers Trashes a Robot Tax and Calls for Active Government Role to Deal with Structural Unemployment

Former Harvard University President and U.S. Treasury Secretary recently demolished the idea of a robot tax and also issued a ringing endorsement of an activist government role to manage the impact of artificial intelligence on the labor market and on society. 

more

America Needs to Embrace Automation

On Wednesday, the New York Times’ Farhad Manjoo released an article titled, “How to Make America’s Robots Great Again” which discusses how to revitalize America’s manufacturing sector through the increased use of robots.   It is true that robots have replaced workers in many manufacturing jobs, but  embracing automation has the potential to be beneficial to workers and the economy.  While automation has caused some displacement, many manufacturers are still hiring.  However, these jobs require new and different skills, and many workers are not currently trained to interact with machines in the way that augments their skills and maximizes automation’s potential.  According to a Deloitte study, roughly 2 million manufacturing jobs will go unfilled because of this skills gap.  One of the reasons for this, according to companies, is that education and training systems have not kept up with the evolving needs of indu ...

more