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“Gordon dismissed the productivity potential of autonomous cars, failing to understand that the reduction in accidents and the decrease in traffic jams would generate an estimated $1 trillion in annual savings to the US economy.”
― Don't Fear AI
― Don't Fear AI
“Economic Advisors also used the Oxford data and found that 83% of jobs making less than $20 per hour would come under pressure from automation, as compared to 31% of jobs making between $20 and $40 per hour and just 4% of jobs making above $40 per hour.”
― Don't Fear AI
― Don't Fear AI
“Scandinavian nations have, which commits not to ensure that workers will never get laid off, but to minimise the number of workers at risk; and then, for those who are laid off, provide support so they can make successful and expeditious transitions.”
― Don't Fear AI
― Don't Fear AI
“Advanced economies have experienced so far five technology-powered waves: 1. the steam engine starting in the 1780s and 1790s; 2. iron in the 1840s and 1850s; 3. steel and electricity in the 1890s and 1900s; 4. electromechanical and chemical technologies in the 1950s and 1960s; and 5. information technology and communications technology of the 1990s and 2000s.”
― Don't Fear AI
― Don't Fear AI
“As robotics expert and entrepreneur Rodney Brooks writes, “having ideas is easy. Turning them into reality is hard. Turning them into being deployed at scale is even harder.”
― Don't Fear AI
― Don't Fear AI
“Columnist Kevin Drum, writing in Mother Jones, a progressive American magazine, goes even further, predicting that all jobs will be gone in 40 years.”
― Don't Fear AI
― Don't Fear AI
“While the past wave of automation had larger impacts on middle-wage jobs, both in services and manufacturing, it looks likely that the next wave will have significantly larger impacts on lower-wage and lower-skill occupations.”
― Don't Fear AI
― Don't Fear AI
“Six technologies look like candidates for the next innovation wave: the Internet of things, advanced robotics, block chain, new materials, autonomous devices, and artificial intelligence. Perhaps artificial intelligence is the most important one.”
― Don't Fear AI
― Don't Fear AI
“a European Commission study estimated that 40% of EU workers are overqualified for the jobs they hold.”
― Don't Fear AI
― Don't Fear AI
“Martin Ford, author of The Rise of the Robots, speaks for many when he predicts “75% unemployment by 2100.”
― Don't Fear AI
― Don't Fear AI
“Affordable cars, where humans can go on a long, complicated trip asleep in the backseat, are decades away.”
― Don't Fear AI
― Don't Fear AI
“if this next wave of innovation follows prior technological trajectories, the technologies will likely experience rapid price declines and significant performance improvements over the next decade.”
― Don't Fear AI
― Don't Fear AI
“The sixth wave will no doubt affect many industries, processes, and occupations, but many will remain largely untouched, at least in terms of automation: education, healthcare, sports and law-making for example. Artificial intelligence won’t replace doctors in the near future, but it will help them make better diagnoses and treatment decisions.”
― Don't Fear AI
― Don't Fear AI
“fully dexterous robotic hands are not likely to be in the market before 2030 or even 2040.”
― Don't Fear AI
― Don't Fear AI




