#4 - Scholarly article in Academic Search Complete

Future Economics that Could Change (Almost) Everything.

Authors:

Blodgett, James¹

Source:

World Future Review (Sage Publications Inc.). Jun2013, Vol. 5 Issue 2, p177-181. 5p.

Document Type:

Article

Subject Terms:

*AUTOMATION
*WELL-being
*LABOR productivity
*JOB skills
*ECONOMIC systems

Author-Supplied Keywords:

AI
automation
economics
Luddites
productivity
robots
singularity

Abstract:

Automation has increased well-being because it has increased productivity, and most people who have been displaced have been able to find jobs that made better use of their human skills. This cycle may end if machines are developed that can do almost everything better than humans, so that there are few remaining jobs that require human skills. If this happens, continued increases in well-being for the average person will require adjustment of our economic system. [ABSTRACT FROM AUTHOR]

 

Blodgett, James. "Future Economics That Could Change (Almost) Everything." World Future Review (Sage Publications Inc.) 5.2 (2013): 177-181. Academic Search Complete. Web. 16 Feb. 2016.