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Preventing ‘Robot Apocalypse’ From Ending Labor as We Know It  

There is ample evidence that simply viewing technology as a labor cost saving tool leads to over investment.

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It seems not a day goes by without the appearance of another dire warning about the future of work.

Some alarmists fear a “robot apocalypse,” while others foresee the day of “singularity” coming when artificial intelligence exceeds human intelligence. Still others warn that income inequality will continue to rise as owners of capital capture more of the benefits of innovations than those who labor for a living.

Yet there is also a counter-trend emerging: Groups as diverse as the World Economic Forum and the International Labor Organization are beginning to argue that it’s up to society to shape the future of work. What’s needed is action today to harness and channel technological changes, prepare the workforce for new demands and opportunities, strengthen their voices and built a new social contract that includes leaders in business, education, labor and government.

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