3min chapter

The Reith Lectures cover image

AI in the economy

The Reith Lectures

CHAPTER

Will the Progress of a I Lead to the End of Work?

Theory for many years was that technological unemployment is impossible. But economists know better, or at least they thought they did. In the early twentieth century, technology put tens of millions of horses out of work. Their new job was to be pet food and glue. Human workers might not be so compliant.

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