AI Is Less Of A Threat Than Some Suggest

While robotics and artificial intelligence (AI) promise great advances in productivity, mostly they seem to worry people. Commentators talk and write endlessly about how these marvelous technologies will steal jobs from both workers and the managerial class, creating a large unemployed population. If history has anything to say, however, and it does, such fears are not only exaggerated, they are off the mark entirely. Ultimately, AI will create more new jobs than it destroys and likely in occupations heretofore nonexistent. Popular commentary on this matter maintains an almost universally downbeat tone.