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Robots and job fears: Destruction of large numbers of jobs unlikely, says new OECD Study

#artificialintelligence

There is so much doom and gloom associated with robots and jobs it is time to add some common sense to the misunderstandings created by so called experts opinions about robots and jobs – thankfully authors from the OECD may have added some clarity to the debate -- 'finding that on average, across the 21 OECD countries, '9% of jobs rather than 47%, as proposed by Frey and Osborne face a high automatibility.' Capitalism, the term for our global'free' markets, is a uniquely future-oriented economic system in which people invest, make innovations, apply for patents, and in other ways bet on the future. Behind all of this we find the hallmark of humanity, which is our creative intelligence. It is intelligence that drives these investments and innovations, and intelligence that forges within many of us an intense curiosity of what the future may hold. It is also intelligence that forges in others an anxiety over what the future holds. For many the future is no longer a promise but a threat!