June 2019

16 Jun 19

This professor in Geneva predicts that artificial intelligence will displace 800 million jobs in the next ten years. In an interview you can find here: Globots and telemigrants: The new language of the future of work, Prof. Richard Baldwin is asked if the rise of the telecommute economy, ie, flexible work hours and/or work from home, is the precursor to massive job displacement. His answer:

(Laughs) Yes, there’s an element of a Greek tragedy to it. By trying to be more flexible with work, you thought you were getting control of your life. You could come home and take care of the kids while handling a few emails. But you actually arranged it so you ended up out of work because a telemigrant took your job for much less.