This is a very interesting and difficult topic. I actually studied at MIT Sloan for my MBA and remember Professor Brynjolfsson. I'm not as familiar with Andrew McAfee, but I'm certain he's every bit as astute and thoughtful. Framing the discussion as protecting the past from the future vs protecting the future from the past is a great way to distill the issue at hand. As I'm sure both authors are aware, however, there is no future without a past. Lobbying groups such as professional associations and other interest groups (for all their flaws) sometimes serve to keep society from breaking; and allowing artificial intelligence to rapidly supplant jobs involving high-level cognitive skills is something that could break society. The technology and dimensions of the risk are very different, but the scope of artificial intelligence's potential impact (good and bad) is somewhat analogous to that of nuclear energy. I agree that the technology should be allowed to develop, but I think a game plan needs to be in place. Otherwise, the animosity that these technologies might arouse could be incredibly destructive. Companies that develop these technologies need to acknowledge the severe disruptions that could ensue (thankfully, it seemed many of the employees at Google are well aware of the ramifications of such technologies). Hopefully, this will minimize polarization around the issue and foster constructive dialogue about how such technologies can be introduced in order to benefit society as a whole.

This has been the best 60 min + I have spent on youtube!! Mandatory discussion!!! Great minds! Just downloaded their audio book, 8 hours of intersesting stuff waiting for me

This will lead to a future of working less. We need to get out of the mind set of working hard for a living when machines are more productive than us and we have more free time. However, the transition to this is incredibly disruptive because it requires sweeping changes to our way of life. We need to tackle the issue about this transition now.

I have to watch and take notes on this whole video for a global studies 2 honors class. it is 10 pm :(

Interesting that very soon we'll be living Sci fi realities 😀.

Looking at how technological advancement affected the work in my country based on experience, is not as daunting or as horrific as described, like the tax preparer example. Yes, you can purchase web applications that are cheap to help streamline accounting for businesses, BUT you need an expert in accounting to set up your chart of accounts in the system, understand how to input your transactions, and can give advice on how you can save/lower taxes. Especially during tax map, the application cannot represent you in front of a human auditor who asks questions. I find the topic interesting that this is the reality in some parts of the world and probably at some point it will be the reality in my country. Hopefully, technology will move towards complementing humans so we can coexist and be prosperous (across all classes).

Love this ❤️have this conversation with my high school daughter. Going into the real world as a college student . Thank you for sharing . Love the book .

These guys predicted the impact of ChatGPT.

I think they were not telling what they really want to, that is that we can't learn that fast to keep up with how fast things are changing. Governments are going into deep debt subsidizing industries to just keep people employed.

I am surprised they didn't mention Basic Income. I know McAfee has mentioned it in other videos.

thanks for the video

One the best discussions I have heard in a while! Very Interesting!

40:00 here we are 😊

Great stuff!

7 years later and it looks like we're going down the dystopian version.

MEANWHILE, in the other video someone is bored because he has too much stuff and wants to tell us how this problem of having "too much stuff in your hands" is the biggest problem we face in the 21st century.

The solution is automation socialism: let's all get paid simply for being alive. Work is a dated concept. Let the robots toil.

They're talking about what already being talking about -duh

i like the idea of inventing ways for humans and machines to work together to make new jobs for the future. lets re-invent the future of our society, agree with that. x-contests?

Outdated, shallow, ideological disappointment. Their good intentions are obvious but its still disappointing. I (as literally nobody) could have given this lecture at least 8 years ago (when most "economists" still pretended they dont know what "structural unemployment" actually is), with better information (US wages, inflation adjusted, are stagnant from ~1970) and genuine, non-ideological tackling of topics (outdated, prostitution-based culture as real obstacle for application of technology). Thats not meant to show how great I am but how mediocre and disappointing this talk was. Today, when you only need the eyes to see what is happening "experts" are still holding their heads in the sand. Hopefully, only in lectures such as this one.

The opening speaker has NO understanding of economics. If we were still on the gold standard (ended in 1971) we would be in great shape. When gas was $1/gal gold was $35.oz. 1 oz gold bought 35 gal. Now 1 coin wiould buy 390 gal. Gas is getting cheaper. The dollar is collapsing. The other problems are a result of that.