What if artificial intelligence made work obsolete?

The world of work is regularly disrupted by technology development. From mass production to word processing, innovations have regularly transformed our working lives and, with them, the broader economic system. Artificial intelligence (AI) is the latest in a long line of such technologies. What would happen if AI worked just as well as (or perhaps better than) humans, without taking holidays, getting sick, joining unions or drawing salaries?.

AI is defined as systems that ‘display intelligent behaviour by analysing their environment and taking actions – with some degree of autonomy – to achieve specific goals’. In the context of employment, AI could support workers in some tasks, and replace them in others, while offering productivity gains and, potentially, creating new jobs. A fair distribution of costs and benefits depends upon careful management of the rise of AI in the workplace.  Read full article at epthinktank.eu