2min snip

Machine Learning Street Talk (MLST) cover image

Understanding Deep Learning - Prof. SIMON PRINCE [STAFF FAVOURITE]

Machine Learning Street Talk (MLST)

NOTE

Impact of Technological Advancement on Unemployment and Social Instability

The rapid deployment of technology in companies is predicted to result in a significant reduction of jobs for knowledge workers, managers, and HR personnel, potentially leading to a large number of people becoming unemployed by 2030. This situation could create civil unrest and instability as individuals who have invested time and effort into high-status professions such as lawyers and doctors may find their positions obsolete, leading to widespread loss of status. The speaker expresses concern over the rapid pace of technological advancement, suggesting a need to slow down the deployment of certain technologies to allow society to adapt and create new jobs to replace those that have been displaced.

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