Oct 14, 2015 – from Social Intelligence

The Age of the Intelligent Machine

Neil Howe headshotA recent article in The Economist examined automation’s ca­pac­ity to displace workers. If techno-optimists are to be believed, automation is a net win: They say more jobs will actually be cre­ated by robots than destroyed by them. But that reasoning doesn’t satisfy the pessimists, who point to the expanding array of tasks carried out by machines as evidence that robots will eventually be doing most people’s jobs. SI interviewed Saeculum Research Founder and President Neil Howe to find out where he weighs in on the de­bate—and to learn how this technology will impact the nation’s economic and regulatory future.

SI: Neil, we’ve heard a lot about robotics and how they’re transforming the work­force. What’s happening in this sector?

NH: Companies are spending more on this technology than ever. In the year 2000, total international spending on robotics was just above $7 billion. Certainly impressive, but these numbers pale in comparison to what’s happening today. This year, global robotics spending will max out around $27 billion. And the future…

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