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The Artificial Intelligence Contagion - Can Democracy Withstand the Imminent Transformation of Work, Wealth and the Social Order? (Paperback)
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The Artificial Intelligence Contagion - Can Democracy Withstand the Imminent Transformation of Work, Wealth and the Social Order? (Paperback)
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Examines how AI/Robotics is overwhelming the fundamental
institutions of Western society. But are we prepared for the social
impact of the vast changes soon to be upon us? - Half the world's
workers could be replaced by machines within the next 30 years. The
McKinsey Global Institute and Oxford University researchers predict
massive job loss with 47% to 50% of US jobs eliminated by 2030 and
up to 800 million more jobs destroyed worldwide. - Nor will the
AI/robotics transformation produce large numbers of replacement
jobs. The AI/robotics systems are already being designed to do
those. No area of work is sacrosanct. Work opportunities are being
eliminated from the most "intellectual" activities down to the
basic areas of services and labor, including a range of
professional occupations heretofore thought of as distinctly human:
in middle management, finance, banking, insurance, medicine,
high-tech, transportation, law and even the arts. Worse, it is
playing out in the context of a set of critical issues. - Birth
rates are plummeting below replacement levels in economically
developed nations. People are living to ages wellbeyond historical
averages. - At least fifty percent of Americans have little or
nothing saved for retirement. - Poor and uneducated migrants are
coming into Western nations at a time when the agricultural,
construction and home care jobs migrants have traditionally filled
are being increasingly replaced by robotic workers. - An already
bankrupt US government is projected to experience annual deficits
above $1 trillion for at least the next ten years. The US national
debt is officially admitted to be $21 trillion, but is actually
closer to $65 trillion dollars according to a former US Comptroller
General. As AI/robotics eliminates jobs across the spectrum,
governmental revenues will plummet while the debt increases
dramatically. This crisis of limited resources on all
levels--underfunded or non-existent pensions, health problems, lack
of savings, and job destruction--will drive many into homelessness
and produce a dramatic rise in violence . All this will take place
in an environment of increased AI-facilitated surveillance by
governments, aggressive militarization using AI systems and
autonomous weapons, and the degradation of of the world;s economic
and political order. The final five chapters of CONTAGION offer
possible solutions.
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