What artificial intelligence will mean for workers and consumers

Chinatopix via AP A worker tests robots’ arms at a factory in Jiaxing, located in east China’s Zhejiang province. Re: “Artificial intelligence could cost millions of jobs. The White House says we need more of it,” Dec. 21 business news story.There is an inherent dichotomy within those of us who live in societies with modern economies: we want goods to be cheap (mostly meaning produced with cheap labor), but at the same time we want plentiful jobs that pay well. The scale is tipped in favor of cheap goods because 1) though most Americans are both consumers and workers, we tend to more often think like consumers, and 2) companies, naturally, are more interested in making less expensive goods than they are in paying well. Your article discusses the expanding role…


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