AI: Value Creation and Unemployment

We’re seeing breakthroughs in machine learning for tasks that were traditionally hard for machines but easy for humans, such as visual perception or natural language understanding. This success has reignited the debate about AI, and the consequences it may have on our society.

As efficient machines become more adept at these tasks, humans risk becoming inefficient and expensive in comparison. Some argue that inevitable mass unemployment will follow...

For the full article on Ferenc' blog, click here.