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Jonathan Aberman's avatar

These are important questions, and one that policy makers in particular seem to be unable to properly address — at least in the United States. The reality is that we have not seen a similar disruption to prevailing economic models since the advent of steam power and the shift from farming to industry. The social dislocation was enormous. The difference from today, is that there was still work for unskilled, or relatively unskilled people to do. Going from pushing a plow to stamping a die required a learning curve, but it was not a quantum change in work role or ability to engage in abstract thinking. The reality of AI and how it is playing out in the economy already is that what is going to be left for humans to do is to be able to abstract, draw context and add the value of insight that AI models cannot do. It’s very different in nature and need. We have never faced an economic situation where people have to be BETTER EDUCATED to be employable. But, educated in a different way. Failure to understand this will be a lost opportunity for universities, but more broadly, a failure to allow humans to remain relevant in an AI-driven economy will lead to social dislocation that may drawf what we saw in Europe in the mid 1800s.

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Elissa Ruffino's avatar

Impactful questions with so much for us to ponder and explore. You framed the conversation well. Thank you for your insights.

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