“It’s The Rapid Increase In Machines’ Ability To Substitute For Intelligent Human Labor That Presages The Greater Disruption”

The Robots Are Here” is an excellent, thought-provoking article by Tyler Cowen at Politico Magazine which considers what our progress with data and automation has wrought. If you’re not familiar with the George Mason economist’s work, this piece is a wonderful entry point. He begins by looking at the prescience of an Isaac Asimov story which predicted the intersection of deep data and the democratic process. An excerpt:

“Nearly 60 years after Asimov anticipated a decidedly dramatic intrusion of machines into our politics, we may not (yet) be offloading our democratic responsibilities to computers, but we are empowering them to reshape our economy and society in ways that could be just as profound. The rise of smart machines—technologies that encompass everything from artificial intelligence to industrial robots to the smartphones in our pockets—is changing how we live, work and play. Less acknowledged, perhaps, is what all this technological change portends: nothing short of a new political order. The productivity gains, the medical advances, the workplace reorganizations and the myriad other upheavals that will define the coming automation age will create new economic winners and losers; it will reorient our demographics; and undoubtedly, it will transform what we demand from our government.

The rise of the machines builds on deeper economic trends that are already roiling American society, including stagnant growth since 2001 and a greater openness to trade and foreign outsourcing. But it’s the rapid increase in machines’ ability to substitute for intelligent human labor that presages the greater disruption. We’re on the verge of having computer systems that understand the entirety of human ‘natural language,’ a problem that was considered a very tough one only a few years ago. We’re close to the point when we can fit the (articulable) knowledge of the entire world into the palm of our hands. Self-driving cars are making their way onto streets in California and Nevada. Whether you are a factory worker or an accountant, a waitress or a doctor, this is the wave that will lift you or dump you.”

Tags: ,