You can now eat bananas from Chile; you couldn't do it before you had air shipping. Now, communication technology enables the shipping of labor.
People at the very top of the income scale also benefited from globalization and automation. But the income of working- and middle-class people in the developed world has stagnated.
We cannot shirk responsibility from concerns for the welfare of the next generation.
It is easy to underestimate in advance the impact of globalization and automation - I have done it myself.
The impact of technology on labor has become clearer and clearer by the day.
Humanity is about to face perhaps its greatest challenge ever, which is finding meaning in life after the end of 'In the sweat of thy face shalt thou eat bread.'
The bottom line is that while automation is eliminating many jobs in the economy that were once done by people, there is no sign that the introduction of technologies in recent years is creating an equal number of well-paying jobs to compensate for those losses.
We will hear more regrets from founders of tech companies about the addictive technologies they have launched.
Getting elected to the National Academy of Sciences is the ultimate peer recognition.
In economics, it is easier to agree on the data than to agree on causality.
What people are now realizing is that this formula that technology destroys jobs and creates jobs, even if it's basically true, it's too simplistic.
We cannot blindly pursue the goal of machine intelligence without pondering its consequences.
In 2017, there was a sudden recognition of several adverse societal consequences of information technology, from job losses due to automation to manipulation of public opinion, with significant political consequences.
If I had my wish, I would wave a wand and make MOOCs disappear.
Recognition by one's peers is the goal of every scientist.
I believe that society needs to confront this question before it is upon us: If machines are capable of doing almost any work humans can do, what will humans do?
I believe that work is essential to human well-being.
The hope is that we'll continue to create jobs for the vast majority of people. But if the situation arises that this is less and less the case, then we need to rethink, how do we make sure that everybody can make a living?
Everything that humans can do a machine can do.
Are we prepared for an economy in which 50 percent of people aren't working?
