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Concentration of Wealth == Existential Risk
"In this possible terminal phase of human existence Democracy and Freedom are more than 'values to be treasured' - they may well be essential to survival." - Noam Chomsky.
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Robots will cut 25% of US jobs in 4 years, transform workforce – report

Robots will cut 25% of US jobs in 4 years, transform workforce – report | Concentration of Wealth == Existential Risk | Scoop.it
The encroachment of self-help kiosks and grocery store scanners has led doomsayers to suggest automation threatens the workforce of the future. A new report argues it will create new business sectors and new jobs as well.
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Low Skilled Humans Need Not Apply: The Employment Future For A Child Born Today

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Everything You Think You Know About the History and Future of Jobs Is Likely Wrong

Everything You Think You Know About the History and Future of Jobs Is Likely Wrong | Concentration of Wealth == Existential Risk | Scoop.it
Centuries of data may show us how jobs have been both destroyed and created, but recent decades worth of more nuanced data more importantly show us there's more to this story.
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What is Artificial Intelligence and how does Mycroft fit? - Mycroft

What is Artificial Intelligence and how does Mycroft fit? - Mycroft | Concentration of Wealth == Existential Risk | Scoop.it
The Mycroft team has gotten this question a lot lately. How do you define Artificial Intelligence (AI)? How does Mycroft fit into this definition?
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What Will Happen When Robots Take Our Jobs?

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Ante Lauc's curator insight, August 24, 2:01 AM

We will be either happy and free, or slaves. It depends upon us.

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"Robots Will Take Over, Stupidly, Slowly but Surely" - Abolish Work

"Robots Will Take Over, Stupidly, Slowly but Surely" - Abolish Work | Concentration of Wealth == Existential Risk | Scoop.it
The title is actually a line I say (or something close to it anyways) when I’m at work. The computer I use to deal with sales, the lottery machine I use, the safe I use to keep the money in, etc. They all invariably break down, make a mistake or sometimes (but of course only…
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Scott Santens - Everything You Think You Know About The History and Future of Jobs Is Likely Wrong

Scott Santens - Everything You Think You Know About The History and Future of Jobs Is Likely Wrong | Concentration of Wealth == Existential Risk | Scoop.it
Everything You Think You Know About The History and Future of Jobs Is Likely Wrong
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Technology has created more jobs than it has destroyed, says 140 years of data

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Here’s A Video Of A 6 Foot Tall Humanoid Robot Stomping Through A Forest

"Man, I sure hope I get to see a video of a massive robot stomping around a hiking trail today!"

Your wish is my command, my friend.
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Meet the Robot Telemarketer Who Denies She's A Robot - Part 1 - YouTube

The phone call came from a charming woman with a bright, engaging voice to the cell phone of a TIME Washington Bureau Chief Michael Scherer. She wanted to of...
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Pokemon Warfare: The Rise of Military Robots

Pokemon Warfare: The Rise of Military Robots | Concentration of Wealth == Existential Risk | Scoop.it
A reliance on military robotics may not provide the advantages anticipated.
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Martin Ford on Singularity 1on1: Technological Unemployment is an Issue We Need To Discuss

Martin Ford on Singularity 1on1: Technological Unemployment is an Issue We Need To Discuss | Concentration of Wealth == Existential Risk | Scoop.it
Martin Ford - author of two best selling books on Technological Unemployment, sits down for a Singularity 1on1 interview with Socrates...
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Citi's Chief Economist Recommends a Universal Basic Income - Futurism

Citi's Chief Economist Recommends a Universal Basic Income - Futurism | Concentration of Wealth == Existential Risk | Scoop.it
It's becoming clear that increased automation as well as the rise of artificial intelligence is threatening ever more jobs. Now economists are starting to seriously consider a universal basic income.
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Robot chefs taking over China's noodle bars - YouTube

A Chinese restaurateur in Beijing has invented a robot chef to make sliced noodles. The robotic noodle expert is taking China's noodle bars by storm.
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Artificial Intelligence growth will cost US workforce a net 7% of jobs over next decade

Artificial Intelligence growth will cost US workforce a net 7% of jobs over next decade | Concentration of Wealth == Existential Risk | Scoop.it
According to Forrester, 16 per cent of US jobs will be lost in the U.S. over the next decade as the result of the rise of artificial...
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Meet "Smart Restaurant": The Minimum-Wage-Crushing, Burger-Flipping Robot | Zero Hedge

Meet "Smart Restaurant": The Minimum-Wage-Crushing, Burger-Flipping Robot | Zero Hedge | Concentration of Wealth == Existential Risk | Scoop.it
With a seemingly endless line of talking-heads willing to ignore essentially every study that has been undertaken with regard the effects of raising the minimum-wage; and propose what is merely populist vote-getting 'benefits' for the ever-increasing not-1% who benefitted from Ben Bernnake's bubbles - we thought the following burger-flipping robot was a perfect example of unintended consequences for the fast food industry's workers. With humans needing to take breaks, have at least 4 weekend days off per month, and demanding ever-increasing minimum-wage for a job that was never meant to provide a 'living-wage', Momentum Machines - a San Francisco-based robotics company has unveiled the 'Smart Restaurants' machine which is capable of making ~360 'customized' gourmet burgers per hour without the aid of a human. First Jamba Juice, then Applebees, next McDonalds...   As Brian Merchant ( @bcmerchant ) explains (via The Burning Platform blog), Meet the Robot That Makes 360 Gourmet Burgers Per Hour ()   No human hand touched this hamburger. It was made entirely by robots   . ()   One robot, rather—a 24 square foot gourmet-hamburger-flipping behemoth built by Momentum Machines. It looks like this:   () The San Francisco-based robotics company debuted its burger-preparing machine last year. It can whip up hundreds of burgers an hour, take custom orders, and it uses top-shelf ingredients for its inputs. Now Momentum is proposing a chain of ‘smart restaurants’ that eschew human cooks altogether.   Food Beast points us to the Momentum’s official release, where the company blares:   “Fast food doesn’t have to have a negative connotation anymore. With our technology, a restaurant can offer gourmet quality burgers at fast food prices. Our alpha machine replaces all of the hamburger line cooks in a restaurant.
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Automation will take our jobs, but only for the next half-century - Factor

Automation will take our jobs, but only for the next half-century - Factor | Concentration of Wealth == Existential Risk | Scoop.it
“I became alarmed, and I decided somebody needed to ring the alarm bell,” said Jerry Kaplan, author of the newly released Humans Need Not Apply: A Guide to Wealth and Work in the Age of Artificial Intelligence. Kaplan, a digital entrepreneur, computer scientist and fellow at The Stanford Center for Legal Informatics, is speaking to …
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VICE on HBO Season 2: Crude Awakening and The Enemy of My Enemy (Episode 9) - YouTube

In the ninth episode of our second season of VICE on HBO, Shane Smith heads to Louisiana to report on the lasting effects of the BP oil spill. Then, VICE inv...
Khannea Suntzu's insight:

Look at what they made us do. Look at what they have turned us in to.

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How algorithms run Amazon’s warehouses

How algorithms run Amazon’s warehouses | Concentration of Wealth == Existential Risk | Scoop.it
When you click “buy’ on Amazon, a flurry of activity begins inside a nearby warehouse – all managed by smart computer code. What’s it like to work there?
Khannea Suntzu's insight:

http://qz.com/481235/amazon-treats-its-employees-the-way-it-does-because-of-us/

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Ante Lauc's curator insight, August 24, 2:05 AM

Amazon can replace Alexandria library. It depends upon hypertext where all books through subject index can be connected. I am specially interested for love and freedom. If readers could through these books recognize how to live love and freedom, Bezos will become saint.

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Video: Faster, Stronger and Cheaper

Video: Faster, Stronger and Cheaper | Concentration of Wealth == Existential Risk | Scoop.it
China faces rising labor costs and a shortage of workers. But a government project called “replacing humans with robots” is trying to change the face of the work force in Guangdong Province.
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Minimum-wage offensive could speed arrival of robot-powered restaurants

Minimum-wage offensive could speed arrival of robot-powered restaurants | Concentration of Wealth == Existential Risk | Scoop.it
Many chains are already at work looking for ways to take humans out of the picture.
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Automation angst

Automation angst | Concentration of Wealth == Existential Risk | Scoop.it
AS FAR back as the Industrial Revolution there have been periodic panics about the impact of automation. Handloom weavers’ resistance to new machines earned them a...
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