“We Can Generate Millions Of Stories In A Matter Of Minutes”

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A little more of Jerry Kaplan and his new book, Humans Need Not Apply, is on display in Anthony Mason’s CBS News report “The Future of Work and Play.” Most of the piece will be familiar to those already thinking about the perplexing question of how a free-market economy can operate if it becomes a highly automated one, with discussion of driverless cars, algorithms thinning the ranks of blue- and white-collar workers alike, etc.

Most interesting is a visit to the Associated Press, which has begun relying on software to rapidly transform raw data into its inverted-triangle pieces, stories that can pass for human-level composition. Both the software makers and the AP say the innovation has complemented workers, not replaced them.

Still, NYU Professor Gary Marcus offers that a guaranteed minimum income from the state to citizens (likely through the taxation of capital) is ultimately the endgame of automation. View here.

 

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