Robots (and AI) creating a wages and employment 'death spiral' warns IMF

Robots (and AI) creating a wages and employment 'death spiral' warns IMF

The future of work run by robots appears to be a dystopian march to rising inequality, falling wages and higher unemployment according to an International Monetary Fund research paper.

But it may be worse than the IMF prediction because it's not simply a case of "low" or "high" skill jobs that we should consider. In the future they'll only be skilled jobs that an AI cannot automate, and that's looking increasingly limited.

Robots creating a wages and employment 'death spiral' warns IMF

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UK Research and Innovation launches Energy Revolution Research Consortium call

UK Research and Innovation launches Energy Revolution Research Consortium call


UK Research and Innovation launches Energy Revolution Research Consortium call

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Strategic Prospectus: Building the UKRI Strategy

Strategic Prospectus: Building the UKRI Strategy - UK Research and Innovation (agency)


Strategic Prospectus: Building the UKRI Strategy

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Simple innovative solutions for UK SMEs

Heard about those abusing wireless communications on credit/debit cards and car keys?

Simple effective solutions now available at:

http://www.innovationfuturespecialist.co.uk/about/forum.html

UK can lead the way on ethical AI, says Lords Committee

UK can lead the way on ethical AI, says Lords Committee

The UK is in a strong position to be a world leader in the development of artificial intelligence (AI). This position, coupled with the wider adoption of AI, could deliver a major boost to the economy for years to come. The best way to do this is to put ethics at the centre of AI’s development and use concludes a report by the House of Lords Select Committee on Artificial Intelligence, AI in the UK: ready, willing and able?

(See report.)

UK can lead the way on ethical AI, says Lords Committee

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AI for good

Artificial intelligence must be 'for common good' (UK, AI)


Artificial intelligence must be 'for common good'

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AI boosts materials science by 200 times

Imagine chemistry and materials science conducted hundreds of times faster with AI (and robots)! That era has started! 

(e.g. metallic glass)

This allowed the team to discover three new blends of ingredients that form metallic glass, and to do it 200 times faster than it could be done before.

the group’s success rate for finding metallic glass had increased from one out of 300 or 400 samples tested to one out of two or three samples tested. The metallic glass samples they identified represented three different combinations of ingredients, two of which had never been used to make metallic glass before.

Expect AI and robotics to make massive impacts in all areas of science!

Artificial intelligence accelerates discovery of metallic glass

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