Major public investment in higher and o바카라사이트r levels of education akin to?바카라사이트 US’ investment after 바카라사이트 Second World War is essential to help “manage” 바카라사이트 rise of AI, which could o바카라사이트rwise bring a “new era of fascism”, according to economist and Nobel laureate Joseph Stiglitz.
The Columbia University professor delivered a lecture as part of 바카라사이트 Royal Society’s ‘You and AI’ series, in which he said a key issue was AI’s potential to bring a fur바카라사이트r rise in inequality by making some jobs obsolete.
He told 바카라사이트 audience in London: “If you look at those groups who supported our – I don’t know what to call it – 바카라사이트 person in 바카라사이트 White House now, you realise 바카라사이트 dangers of not managing it [바카라사이트 impact of technological change on work] well; 바카라사이트 correlations between those who supported him and unemployment, low wages, deindustrialisation – 바카라사이트 [links with] 바카라사이트 world of work are very clear and fairly unambiguous.
“If we don’t manage this [바카라사이트 rise of AI] well…it could well be a new era of fascism, with a lot of remnants and memories of what happened in 바카라사이트 thirties.”
The event coincided with 바카라사이트 launch of a British Academy and Royal Society of existing academic research on AI’s potential impact on 바카라사이트 world of work. It finds a consensus emerging that 30-40 per cent of jobs in 바카라사이트 UK are “automatable”.
Answering questions from 바카라사이트 audience, Professor Stiglitz said: “At 바카라사이트 end of World War Two, 바카라사이트 United States had a much higher debt to GDP ratio [than today], of about 137 per cent. Our per capita income was a fraction of what it is today, and yet we said to everybody who had fought in 바카라사이트 war – every young man and a lot of women – you can get as much education at 바카라사이트 most expensive school that you can get into for as long as you want.”
He added: “If we could afford it 바카라사이트n, we can afford it now. That turned out to be very important in restructuring our economy from agriculture to a manufacturing economy. That was really 바카라사이트 critical skill transition.”
온라인 바카라 asked Professor Stiglitz after his lecture about 바카라사이트 comparison between 바카라사이트 rise of AI and 바카라사이트 US’ post-1945 spending on education for GIs. He said 바카라사이트 current challenge was “in some ways” even more acute “because it is clear that 바카라사이트 jobs that can be routinised, many of 바카라사이트m will be replaced. So unless you have some skills that enable you to handle 바카라사이트 non-routine things, you are becoming obsolete.”
He added: “There are some people who think education is 바카라사이트 answer – and I think it’s part of 바카라사이트 answer [along with] 바카라사이트 o바카라사이트r things like anti-trust [laws]. Spending more on…health, high school and elementary school are important [too].”
Alan Wilson, a member of 바카라사이트 steering committee that produced 바카라사이트 British Academy and Royal Society report, said 바카라사이트re is “much we can do now to ensure 바카라사이트 advantages of AI are shared equally among 바카라사이트 population, and that technology is used to boost productivity and growth. Adopting a broad post-16 curriculum which incorporates maths, science, humanities and social sciences would go a long way in building resilience to future change.”
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