(Bloomberg View) — One of the scariest questions in economics is whether human labor will someday be made obsolete by machines. Consultants and academics put out reports telling you how likely you are to lose your job to a robot.
Economists argue back and forth about whether it’s possible for humanity to go the way of the horse. Technology industry leaders boldly talk about the need to implement a universal basic income once humans are no longer needed for work. Have the machines already started putting humanity out of a job? It’s hard to tell, because lots of things muddy the data.
Author: Noah Smith