Swedish-German economist and economic historian
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On Sept. 4, 2024, Me, Myself, and AI host Sam Ransbotham moderated a panel discussion at a Georgetown University/World Bank event, Jobs in the Age of AI. Afterward, he interviewed keynote speaker Carl Benedikt Frey, Dieter Schwarz Associate Professor of AI and Work at the Oxford Internet Institute, and panelist Karin Kimbrough, LinkedIn's chief economist. In this bonus episode recorded during this discussion, hear from Frey and Kimbrough about how artificial intelligence is impacting workers, labor trends, and the economy. Read the episode transcript here. For further information: Watch sessions from the AI in Action event on demand. Access on-demand recordings from all prior AI in Action events. Read event organizers Timothy DeStefano and Jonathan Timmis's paper, “Do Capital Incentives Distort Technology Diffusion? Evidence on Cloud, Big Data, and AI.” Me, Myself, and AI is a collaborative podcast from MIT Sloan Management Review and Boston Consulting Group and is hosted by Sam Ransbotham and Shervin Khodabandeh. Our engineer is David Lishansky, and the coordinating producers are Allison Ryder and Alanna Hooper. Stay in touch with us by joining our LinkedIn group, AI for Leaders at mitsmr.com/AIforLeaders or by following Me, Myself, and AI on LinkedIn. We encourage you to rate and review our show. Your comments may be used in Me, Myself, and AI materials.
Carl Benedikt Frey forscht zu KI und Arbeit. In dieser Folge spricht er darüber, warum sich oft Höherqualifizierte gegen KI im Job einsetzen.
The fear of AI taking our jobs has been buzzing for years, but it's not a new conversation. Technology has been shaking up industries and displacing workers since the dawn of the Industrial Revolution.In this episode, Greg sits down with Carl Benedikt Frey, the Dieter Schwarz Associate Professor of AI & Work at the Oxford Internet Institute, to dive deep into these shifts. As the Director of the Future of Work Programme and author of The Technology Trap, Frey sheds light on the historical and current impacts of automation, the Industrial Revolution, and the role of political power in technological progress. Together, they explore who wins and loses in the AI era and what history can teach us about the future. *unSILOed Podcast is produced by University FM.*Episode Quotes:Will AI drive long-term productivity or just short-term automation?46:21: If all that AI is about is automation, then the future of productivity simply depends on the potential scope of automation, so to speak, and that will then eventually peter off. Whereas if it's about creating new tasks, new products, and new innovations, then it can be more sustained, right? And I think that's a key reason that the second industrial revolution lasted for a very long period of time: it created a host of entirely new types of economic activities. And so I think a key question going forward is: can we design our institutions to help make sure that AI is more being used to create new activities? I think it's likely to have a much more sustained impact on productivity growth going forward.Starting from the past to predict the future03:07: If you want to say that the future is likely to be very different from the past, then at the very least, I think we should be able to state why. So I think history should always be our starting point. On the race between technology and education39:18: The race between technology and education is a world in which everybody is better off, right? That has not been the case. So we need to somehow modify that model of the world, and what we've seen since the 1980s, in particular across advanced economies, but also in some emerging economies, is labor market polarization and the decline of middle-income jobs, right? And so the race between technology and education and the view of technological change does not explain that part of the story, right? That's sort of the task-based view, and things like replacing versus enabling technologies do have some explanatory power.Should we be thinking of this new revolution as being more like the first than the second?44:22: I think it is more like the first industrial revolution. And I still think that I can't think of a single AI application that is not about automation or doing something that people are already doing a bit more productively, whether it's writing, coding, or image generation. Show Links:Recommended Resources:Engels' pauseLudditesGuest Profile:Faculty Profile at Oxford Martin SchoolCarl Benedikt FreyCarl Benedikt Frey (@carlbfrey) / XHis Work:The Technology Trap: Capital, Labor, and Power in the Age of Automation
A decade ago, there were predictions that certain accounting jobs would be replaced by automation. Now, in the age of AI, we're still here and thriving. Today's conversation focuses on how we can collaborate with technology to enhance our work and deliver greater value to clients. To delve into this topic, I spoke with Andrew Hatfield, Co-Founder and Chief Growth Officer of SafeSend, a long-time partner of MACPA. He and his team have released a paper discussing the role of AI, the importance of strengthening tech stacks in accounting firms, the shift from e-sign to e-file, the benefits of integrations and APIs, and the concept of a "single pane of glass"—a unified management console displaying data from multiple sources. Andrew and I discussed how client expectations have evolved, and how the technologies and predictions in SafeSend's paper can improve relationships between firms and their clients, as well as the CPA's role in this transformation.Resources:SafeSend paper, "Top 7 Predictions for Tax Automation in 2024" by Andrew Hatfield & teamSafeSendAndrew Hatfield LinkedIn ProfileOxford Martin School article, "The Future of Employment: How susceptible are jobs to computerisation?" by Carl Benedikt Frey & Michael OsborneThomson Reuters report, "2024 generative AI in professional services"CPA Practice Advisor article, "Most Tax Pros, Corporate and Public, Believe AI Should Be in Their Toolbox" by Isaac M. O'Bannon
Todas las épocas de innovación tecnológica disruptiva han traído consigo profundos cambios sociales y en el mercado de trabajo. En la revolución que estamos viviendo en la actualidad debemos utilizar nuestro sistema educativo y de bienestar para ayudar a la población a adaptarse a estas nuevas tecnologías digitales, porque si no es así, no vamos a ser capaces de adaptarnos a esta transformación, y vamos a perder no sólo puestos de trabajo, sino la sociedad tal y como la conocemos. #enlighted #ia #innovación #habilidades #tecnología Más información en: https://www.enlighted.education
Artificial Intelligence has made new inroads into areas of work that were reserved exclusively for humans: conversational interaction, pattern recognition & prediction, and writing & teaching. We discuss with Carl Benedikt Frey about the implications of AI technologies for labor market outcomes going forward. Carl Benedikt is the Dieter Schwarz Associate Professor of AI & Work at the Oxford Internet Institute and the Director of the Future of Work Program at the Oxford Martin School.
As artificial intelligence becomes more and more advanced, fears are growing about companies replacing human staff with computers. Businesses from energy providers to car makers are already using AI, but are there some jobs it can't do? Sky's science and technology editor, Tom Clarke, has tested if AI could do his job by creating an AI news reporter. On the Sky News Daily, Sally Lockwood is joined by Tom and YouTuber and coder Kris Fagerlie to find out how they built the AI reporter. Plus, she speaks to Carl Benedikt Frey, associate professor of AI & Work at Oxford's Internet Institute, about how advancements in AI technology could change the types of tasks we do at work. Podcast producer: Rosie Gillott Interviews producer: Alex Edden Editor: Paul Stanworth
In March of this year, auroras were seen in many places on earth. Though the auroras are usually seen far up north on the globe they can occur further south. But what are the risks associated with this kind of event? “The Technology Trap” by Carl Benedikt Frey looks at how the history of technology can help us better understand economic and political polarization in the age of automation. Darren gives us a review.
Ep 131 | Carlos Carreño UX Product Lead en Banco Santander, Behavioral Designer y UX-PM level 3 certified pasa por el podcast luego de 3 años para hablar sobre cómo las nuevas tecnologías como la Inteligencia Artificial podrían impactar en nuestra disciplina
» Die Themen der Folge 194: --- (00:05:55) » Elon kauft Twitter und mögliche Konsequenzen https://www.nytimes.com/2022/05/06/technology/elon-musk-twitter-pitch-deck.amp.html https://www.nytimes.com/2022/10/28/business/twitter-elon-musk.html https://www.reuters.com/technology/exclusive-where-did-tweeters-go-twitter-is-losing-its-most-active-users-internal-2022-10-25/ https://www.theverge.com/2022/10/30/23431931/twitter-paid-verification-elon-musk-blue-monthly-subscription https://www.nytimes.com/2022/10/30/technology/elon-musk-twitter-debt.html https://techcrunch.com/2022/10/28/gm-pauses-paid-advertising-on-twitter-as-chief-twit-elon-musk-takes-ownership/ (00:16:35) » Twitter, free speech https://www.theverge.com/2022/10/28/23428132/elon-musk-twitter-acquisition-problems-speech-moderation (00:26:57) » Quartalszahlen https://www.cnbc.com/2022/10/28/why-investors-rewarded-apple-but-fled-amazon-google-facebook-after-earnings.html https://m.faz.net/aktuell/finanzen/amazon-alphabet-oder-meta-verlieren-fast-1000-milliarden-dollar-in-einer-woche-18421943.html https://www.vox.com/recode/2022/10/29/23429085/big-tech-boom-over-wall-street-stock-meta-amazon-google-alphabet-apple https://twitter.com/almarrone/status/1583415042472816641?s=46&t=bjYYL9cV0vpNJjYUJr14qw (00:40:15) » Apple https://twitter.com/almarrone/status/1584797628675629057?s=46&t=bjYYL9cV0vpNJjYUJr14qw (00:49:25) » Entwicklung E- und Q-Commerce https://www.theatlantic.com/technology/archive/2022/10/instant-grocery-delivery-startup-issues/671927/ https://twitter.com/almarrone/status/1584903056122159106?s=46&t=bjYYL9cV0vpNJjYUJr14qw https://www.handelsblatt.com/unternehmen/handel-konsumgueter/e-commerce-online-babybedarfshaendler-windeln-de-meldet-insolvenz-an/28776792.html https://uk.sports.yahoo.com/amphtml/news/made-com-suspends-customer-orders-102000176.html (00:53:43) » Autonomes Fahren https://www.reuters.com/legal/exclusive-tesla-faces-us-criminal-probe-over-self-driving-claims-sources-2022-10-26/ https://twitter.com/tweetermeyer/status/1585345011583188992?s=46&t=pkq-R3_P2TZTahAjsiyGIw https://www.autoweek.com/news/technology/a41789388/argo-ai-autonomous-developer-shutdown/ https://www.spiegel.de/wirtschaft/unternehmen/vw-volkswagen-und-ford-geben-aus-fuer-gemeinsames-roboterauto-projekt-bekannt-a-8394165f-ccad-4136-ade1-a1e106192d20 (00:58:23) » AI (01:03:57) » Jasper https://techcrunch.com/2022/10/18/ai-content-platform-jasper-raises-125m-at-a-1-7b-valuation/ (01:07:30) » Buchempfehlung https://www.amazon.de/-/en/Carl-Benedikt-Frey/dp/069117279X
Remote work seems to be well suited for some kinds of knowledge work, but it's less clear that it's well suited for the kind of collaborative creativity that results in breakthrough innovations. A series of new papers suggests breakthrough innovation by distributed teams has traditionally been quite difficult, but also that things have changed, possibly dramatically, as remote collaboration technology has improved.This podcast is an audio read through of the (initial draft of the) post Remote Breakthroughs, originally published on New Things Under the Sun.Articles MentionedVan der Wouden, Frank. 2020. A history of collaboration in US invention: changing patters of co-invention, complexity and geography. Industrial and Corporate Change 29(3): 599-619. https://doi.org/10.1093/icc/dtz058Lin, Yiling, Carl Benedikt Frey, and Lingfei Wu. 2022. Remote collaboration fuses fewer breakthrough ideas. arXiv:2206.01878. https://doi.org/10.48550/arXiv.2206.01878Lin, Yiling, James A. Evans, and Lingfei Wu. 2022. New directions in science emerge from disconnection and discord. Journal of Informetrics 16(1): 101234. https://doi.org/10.1016/j.joi.2021.101234Berkes, Enrico, and Ruben Gaetani. 2021. The Geography of Unconventional Innovation. The Economic Journal131(636): 1466-1514. https://doi.org/10.1093/ej/ueaa111Duede, Eamon, Misha Teplitskiy, Karim Lakhani, and James Evans. 2021. Being Together in Place as a Catalyst for Scientific Advance. arXiv:2107.04165. https://doi.org/10.48550/arXiv.2107.04165Frey, Carl Benedikt, and Giorgio Presidente. 2022. Disrupting Science. Working Paper.Esposito, Christopher. 2021. The Geography of Breakthrough Innovation in the United States over the 20th Century. Papers in Evolutionary Economic Geography 2126. Working paper.
“Occupations paying less than 20 dollars per hour are most at risk to be replaced by technology.”How do you heighten your chances of making money for rent in the future? Carl Benedikt Frey suggests creativity, social intelligence and the abilities to perceive and manipulate will be central skills. These particular skills are still proving hard to automate through Artificial Intelligence. So how do we build and strengthen these skills? Does our education system and social environments support these learning processes? Who does not have access to this type of learning? Will we even need money for rent in the future? What can we build with our creativity, if we do not need to work to pay for a place to live?
KARMASUTRA : Nouvelle édition du livre best-seller disponible partout en France !► https://bysteve.net/karmasutraL'Intelligence artificielle dans sa définition stricte est « l'ensemble des théories et des techniques mises en œuvre en vue de réaliser des machines capables de simuler l'intelligence humaine. »En regardant de plus près, la réalité semble plus sombre.En effet, dans le plus grand secret, l'intelligence artificielle et la robotique se préparent à prendre votre place. Ils ne cessent de se perfectionner grâce aux multiples mises à jour dans leurs programmes. Prévenez-vos enfants dès maintenant…d'ici 30 ans, 50% des emplois seront tenus par des robots selon Carl Benedikt Frey et Michael A. Osborne, deux chercheurs reconnus de l'université de Oxford.Pourquoi ? Parce qu'ils travaillent plus longtemps, ne sont pas payés, ne se révoltent pas; n'ont pas de congés, ne font pas d'enfants; et ne perdent pas de temps sur leur téléphone ou à la machine à café.
⁃ El Banco Mundial en el 2020 reporta que México se encuentra en el lugar 120 de 190 en el indicador “pago de impuestos y contribuciones” que mide la carga administrativa que suponen estos pagos y lo que ocurre después de haberlos realizado, estando mejor posicionados que nosotros países como: Sudáfrica, El Salvador, Uganda, Guatemala, entre otros.⁃ México se encuentra fuera del ranking de Kearney sobre el índice de confianza de atracción de Inversión Extranjera Directa (IED), en este ranking se califica a los 25 países más atractivos en el mundo para la inversión., nuestro país en el año 2017 y 2018 se encontró en el lugar 17, en el 2019 en 25, para el 2020 ya estamos fuera del indice.⁃ De acuerdo con la OCDE en cuanto al rubro de ingresos fiscales como porcentaje del PIB, identificamos a Francia, Dinamarca y Bélgica en los 3 primeros lugares con un 46.1%, 44.9% y 44.8%, respectivamente, por su parte México se encuentra al final de la tabla con un 16.1%⁃ De acuerdo con los resultados trimestrales más recientes de la Encuesta Nacional de Ocupación y Empleo, realizada por el Instituto Nacional de Estadística y Geografía (INEGI).En el primer trimestre de 2021 fue de 29.2 millones, cifra que representa el 55.1% de la población ocupada del país. La tasa de informalidad en las localidades rurales fue de 77.3% en el primer trimestre de 2021, mientras que en las localidades más urbanizadas fue de 42.5%. ⁃ El desarrollo de la robótica y la inteligencia artificial transformará las profesiones y ocupaciones, aplicando la metodología desarrollada por Carl Benedikt Frey y Michael Osborne, del Programa Oxford Martin sobre Tecnología y Empleo, el Banco Mundial estimó que el porcentaje en Estados Unidos amenaza aproximadamente al 47% de toda la fuerza laboral, mientras que en México supera el 59% incluyendo muchas de las típicamente consideradas "de cuello blanco". ⁃ En México contamos con 80.6 millones de usuarios de internet y 86.5 millones de usuarios de teléfonos celulares de acuerdo con La Encuesta Nacional sobre Disponibilidad y Uso de Tecnologías de la Información en los Hogares 2019, el 76.6% de la población urbana es usuaria de internet, en la zona rural la población usuaria se ubica en 47.7 por ciento, de los hogares del país, 44.3% dispone de computadora.
Remote work may have been the norm during the COVID-19 pandemic, but has its limitations when it comes to innovating through collaboration. Tune into part three of our three-part podcast series ‘Redesigning Work for the Post-pandemic Age' where Oxford University's Carl Benedikt Frey, acclaimed author and economist joins Ben Pring, Co-founder and Director of Cognizant's Center for the Future of Work and Mariesa Coughanour, AVP & Head of Cognizant's Intelligent Automation Advisory practice, discuss the difference between onsite and distributed IT development, the demise of traditional offices and the upcoming automation wave.
The COVID-19 pandemic has highlighted a skill-based technology bias where work that could be done remotely remained unhindered during lockdowns while a few others were at a disadvantage. Tune into part two of our three-part podcast series ‘Redesigning Work for the Post-pandemic Age' where Oxford University's Carl Benedikt Frey, acclaimed author and economist joins Ben Pring, Co-founder and Director of Cognizant's Center for the Future of Work and Mariesa Coughanour, AVP & Head of Cognizant's Intelligent Automation Advisory practice, discuss the technology-induced inequalities in the labor market, the upcoming productivity boost from automation and its impact on IT innovation.
The definition of work has completely changed since the COVID-19 mainstreamed remote working. The emergence of automation, AI, robotics and machine learning has also redefined work, efficiency, innovation and what it will take for businesses to thrive in future. Tune into part one of our three-part podcast series ‘Redesigning Work for the Post-pandemic Age' where Oxford University's Carl Benedikt Frey, acclaimed author and economist joins Ben Pring, who leads Cognizant's Center for the Future of Work and Mariesa Coughanour, AVP & Head of Cognizant's Intelligent Automation Advisory practice, discuss the need for humans to effectively and productively co-exist with software robots and how the widespread deployment of automation technologies will help businesses succeed in the post-pandemic era.
The Technology Trap: Capital, Labor, and Power in the Age of Automation by Carl Benedikt Frey How the history of technological revolutions can help us better understand economic and political polarization in the age of automation From the Industrial Revolution to the age of artificial intelligence, The Technology Trap takes a sweeping look at the history of technological progress and […] The post Chris Voss Podcast – The Technology Trap: Capital, Labor, and Power in the Age of Automation by Carl Benedikt Frey appeared first on Chris Voss Official Website.
There is an inordinate amount of hype and fear around artificial intelligence these days, as a chorus of scholars, luminaries, media, and politicians nervously project that it could soon take our jobs and subjugate or even kills us off. Others are just as fanciful in hoping it is on the verge of solving all our problems. But the truth is AI isn’t nearly as advanced as most people imagine. What is the practical reality of AI today, and how should government approach AI policy to maximize its potential? To parse the hype, the hope, and the path forward for AI, Rob and Jackie sat down recently with Pedro Domingos, emeritus professor of computer science at the University of Washington and author of The Master Algorithm.Mentioned:Pedro Domingos, The Master Algorithm: How the Quest for the Ultimate Learning Machine Will Remake Our World (Basic Books, 2015).Robert D. Atkinson, “The 2015 ITIF Luddite Award Nominees: The Worst of the Year’s Worst Innovation Killers” (ITIF, December 2015).Richard Dawkins, The Selfish Gene (Oxford University Press, 1990).Carl Benedikt Frey and Michael A. Osbourne, “The Future of Employment: How Susceptible Are Jobs to Computerisation?” (University of Oxford, September 17, 2013).Michael McLaughlin and Daniel Castro, “The Critics Were Wrong: NIST Data Shows the Best Facial Recognition Algorithms Are Neither Racist Nor Sexist” (ITIF, January 2020).“The Case for Killer Robots,” ITIF Innovation Files podcast with Robert Marks, August 10, 2020.
Technology will displace 47% of all jobs, said Dr Carl Benedikt Frey in a study he co-wrote called The Future Of Employment – a paper so influential that it's at the centre of jobs policy for governments across the world. But what will replace those jobs? Will anything replace them?In his new book The Technology Trap Dr Frey describes how the same job destruction and extremes of poverty and great wealth that took place in the Industrial Revolution are happening all over again thanks to artificial intelligence and Big Data. So how will we work in the future? Should we celebrate the end of boring, repetitive jobs? And how can we plan for jobs of tomorrow when we can't even conceptualise them?“The scale of jobs that are replaceable by technology – but that's only a part of the question”“Machines perform poorly in creative or social tasks. That's where most new jobs will be created.”Presented by Alex Andreou. Produced by Andrew Harrison. Assistant producers Jacob Archbold and Jelena Sofronijevic. Music by Kenny Dickinson. Audio production by Alex Rees. THE BUNKER is a Podmasters Production See acast.com/privacy for privacy and opt-out information.
Susan Lund, partner at McKinsey & Company and leader of the McKinsey Global Institute, and Carl Benedikt Frey, Oxford Martin Citi fellow at the University of Oxford, and author of The Technology Trap, join Ellie Groves, deputy head of programming and Europe manager at OMFIF, to discuss the impact of Covid-19 in accelerating the shift to remote working, the barriers encountered by governments and businesses, as well as potential solutions for an easier transition.
*本集節目於臺北廣播電臺 110年1月21日晚上9點至9點半播出* 本書透過研究西方世界,講述全球技術發展的一部分。另一方面,從亞洲(尤其是中國)不斷增長的經濟實力來看,則有著相當不一樣的走向。在亞洲,數百萬人因為技術創新擺脫貧困,自動化被視為人口老化後提高生產力的手段,然而如果從《技術陷阱》的思考架構來看,可能意味著中國的專制將使他們在在科技大戰中取得領先,而選民利益優先的西方民主國家,可能會在大規模部署科技技術時踩煞車,只能迂迴透過如反壟斷聽證會等方式,收攏民間的科技力量。 《技術陷阱》特別著眼於政治如何受到產經影響,並且指出應該從什麼角度切入著手,才能將損害減到最低,這是當前臺灣產業發展下,除了技術之外,極需的思維與歷史知識。 -以上內容節錄自博客來網路書店-
*本集節目於臺北廣播電臺 110年1月20日晚上9點至9點半播出* 本書透過研究西方世界,講述全球技術發展的一部分。另一方面,從亞洲(尤其是中國)不斷增長的經濟實力來看,則有著相當不一樣的走向。在亞洲,數百萬人因為技術創新擺脫貧困,自動化被視為人口老化後提高生產力的手段,然而如果從《技術陷阱》的思考架構來看,可能意味著中國的專制將使他們在在科技大戰中取得領先,而選民利益優先的西方民主國家,可能會在大規模部署科技技術時踩煞車,只能迂迴透過如反壟斷聽證會等方式,收攏民間的科技力量。 《技術陷阱》特別著眼於政治如何受到產經影響,並且指出應該從什麼角度切入著手,才能將損害減到最低,這是當前臺灣產業發展下,除了技術之外,極需的思維與歷史知識。 -以上內容節錄自博客來網路書店-
"Tecnología Artística" por Fede Gaumet | http://fedegaumet.com | https://willrobotstakemyjob.com/ . Podcast semanales por Youtube, Fbk+Ins @fedegaumet y mi web . En 2013, Carl Benedikt Frey y Michael A. Osborne publicaron un informe titulado "El futuro del empleo: ¿cuán susceptibles son los trabajos a la informatización?" Los autores examinan a través de una web en constante actualización implementando una metodología novedosa para estimar la probabilidad de informatización para 702 ocupaciones detalladas, utilizando un clasificador de procesos gaussiano. Según sus estimaciones, alrededor del 47 por ciento del empleo total de los Estados Unidos está en riesgo. Aunque el informe es específico para el mercado laboral de los Estados Unidos, es fácil ver cómo esto podría aplicarse en todo el mundo. Los investigadores y desarrolladores extrajeron los trabajos y la probabilidad de automatización del informe y hemos facilitado la búsqueda de su trabajo. Agregaron información adicional de la Oficina de Estadísticas Laborales para proporcionar información adicional sobre los trabajos. No hay que caer en pánico ya que las estadísticas son reflejo de un proceso en marcha y la adaptación social es paulatina y lejos de toda mirada apocalíptica. Por lo tanto es necesaria un flujo de información y formación para que en el proceso no queden sectores de la sociedad relegados o fuera de la actualización laboral futura. . Podcast semanales por Youtube, Fbk+Ins @fedegaumet y mi web https://www.tecnologiaartistica.com . #artetecnologico #tecnologiaartistica #podcast #radioonline #fedegaumet #ia #inteligenciaartificial #podcasting #podcasts #podcastvivo #podcaster #radio #musictechnology #musicatecnologica #musictech #podcasters #podcastshow #tecnologiayarte #nuevopodcast #artedigital #digital #logaritmos #artecontecnologia #digital #musicaelectronica #electronica #pensamientoabstracto #modelo #interactivo #mit #imagenytecnologia #contemporaneo #artecontemporaneo
In this interview, I speak to Carl Benedikt Frey about his new book ’The Technology Trap’ to discuss the impact of automation on the economy, society and employment.If you would like more information on this topic, please feel free to visit my website and sign up for content updates! I write articles every week on various different topics such as Big Data, AI and Key Performance Indicators.Visit the Early Tech Innovations topic page here: https://bernardmarr.com/default.asp?c...
The Technology Trap: Capital, Labor, and Power in the Age of Automation by Carl Benedikt Frey How the history of technological revolutions can help us better understand economic and political polarization in the age of automation From the Industrial Revolution to the age of artificial intelligence, The Technology Trap takes a sweeping look at the history of technological progress and how it has radically shifted the distribution of economic and political power among society’s members. As Carl Benedikt Frey shows, the Industrial Revolution created unprecedented wealth and prosperity over the long run, but the immediate consequences of mechanization were devastating for large swaths of the population. Middle-income jobs withered, wages stagnated, the labor share of income fell, profits surged, and economic inequality skyrocketed. These trends, Frey documents, broadly mirror those in our current age of automation, which began with the Computer Revolution. Just as the Industrial Revolution eventually brought about extraordinary benefits for society, artificial intelligence systems have the potential to do the same. But Frey argues that this depends on how the short term is managed. In the nineteenth century, workers violently expressed their concerns over machines taking their jobs. The Luddite uprisings joined a long wave of machinery riots that swept across Europe and China. Today’s despairing middle class has not resorted to physical force, but their frustration has led to rising populism and the increasing fragmentation of society. As middle-class jobs continue to come under pressure, there’s no assurance that positive attitudes to technology will persist. The Industrial Revolution was a defining moment in history, but few grasped its enormous consequences at the time. The Technology Trap demonstrates that in the midst of another technological revolution, the lessons of the past can help us to more effectively face the present. Carl Benedikt Frey is Oxford Martin Citi Fellow at the University of Oxford where he directs the programme on the Future of Work at the Oxford Martin School. After studying economics, history and management at Lund University, Frey completed his PhD at the Max Planck Institute for Innovation and Competition in 2011. He subsequently joined the Oxford Martin School where he founded the programme on the Future of Work with support from Citigroup. Between 2012 and 2014, he taught at the Department of Economic History at Lund University. In 2012, Frey became an Economics Associate of Nuffield College and Senior Fellow at the Institute for New Economic Thinking, both at the University of Oxford. He remains a Senior Fellow of the Department of Economic History at Lund University, and a Fellow of the Royal Society for the Encouragement of Arts, Manufactures and Commerce (RSA). In 2019, he joined the World Economic Forum's Global Future Council on the New Economic Agenda, as well as the Bretton Woods Committee. In 2013, Frey co-authored “The Future of Employment: How Susceptible Are Jobs to Computerization?”, estimating that 47% of jobs are at risk of automation. With over 5000 academic citations, the study’s methodology has been used by President Barack Obama’s Council of Economic Advisors, the Bank of England, the World Bank, as well as a popular risk-prediction tool by the BBC. In 2019, the paper was debated on the Last Week Tonight Show with John Oliver. Frey has served as an advisor and consultant to international organisations, think tanks, government and business, including the G20, the OECD, the European Commission, the United Nations, and several Fortune 500 companies. He is also an op-ed contributor to the Financial Times, Scientific American, and the Wall Street Journal, where he has written on the economics of artificial intelligence, the history of technology, and the future of work. His academic work has featured in over 100 media outlets,
In this episode, Dr. Carl Benedikt Frey discusses the relationship between technological breakthroughs and the varying responses from Labour over the long run. We discuss whether we are currently entering another 'Engel's Pause', contrasting labour replacing versus labour augmenting technologies and consider the political challenges they leave in their wake.
Dr. Carl Benedikt Frey, Oxford Martin Citi Fellow at Oxford University, tells Tonya Hall about different ways we can look back on history to predict what the future of AI looks like. FOLLOW US - Subscribe to ZDNet on YouTube: http://bit.ly/2HzQmyf - Watch more ZDNet videos: http://zd.net/2Hzw9Zy - Follow ZDNet on Twitter: https://twitter.com/ZDNet - Follow ZDNet on Facebook: https://www.facebook.com/ZDNet - Follow ZDNet on Instagram: https://www.instagram.com/ZDNet_CBSi - Follow ZDNet on LinkedIn: https://www.linkedin.com/company/zdnet-com/ - Follow ZDNet on Snapchat: https://www.snapchat.com/add/zdnet_cbsi Learn more about your ad choices. Visit megaphone.fm/adchoices
“47% der Arbeitsplätze werden wegfallen”, so fassten einige Medien eine Studie von Carl Benedikt Frey zusammen. Das war aber nicht der wirkliche Inhalt dieser Studie. Um diese falschen Erkenntnisse in der richtige Licht zu rücken, hat dieser dann gleich ein ganzes Buch dazu verfasst.Was drin steht und was wir aus unser Geschichte für die Digitalisierung lernen können, hat Yannick für euch herausgearbeitet und fasst das wichtigste einmal zusammen.Dies ist der erste Teil von der Entstehung der Menschheit bis vor der industriellen Revolution. Der zweite Teil folgt dann am nächsten Samstag! Viel Spaß beim Hören!Und natürlich: Hier der Link zum Buch https://www.amazon.de/Technology-Trap-Capital-Labor-Automation/dp/069117279X
Carl Benedikt Frey gives the second talk in the second Ethics in AI seminar, held on January 27th 2020 (postponed from December 2nd 2019).
Carl Benedikt Frey gives the second talk in the second Ethics in AI seminar, held on January 27th 2020 (postponed from December 2nd 2019).
Carl Frey discusses his book 'The Technology Trap' In this book talk the Author, Carl Benedikt Frey, will discuss how the Industrial Revolution was a defining moment in history, but how few grasped its enormous consequences at the time. Now that we are in the midst of another technological revolution, how can the lessons of the past can help us to more effectively face the present?
Carl Frey discusses his book 'The Technology Trap' In this book talk the Author, Carl Benedikt Frey, will discuss how the Industrial Revolution was a defining moment in history, but how few grasped its enormous consequences at the time. Now that we are in the midst of another technological revolution, how can the lessons of the past can help us to more effectively face the present?
Carl Frey discusses his book 'The Technology Trap' In this book talk the Author, Carl Benedikt Frey, will discuss how the Industrial Revolution was a defining moment in history, but how few grasped its enormous consequences at the time. Now that we are in the midst of another technological revolution, how can the lessons of the past can help us to more effectively face the present?
On this episode, Carl Benedikt Frey assesses the possible effects of automation on employment and economic growth in both the short and long term. The post https://www.aei.org/multimedia/carl-benedikt-frey-on-the-technology-trap/ (Carl Benedikt Frey on the technology trap) appeared first on https://www.aei.org (American Enterprise Institute - AEI).
An intriguing set of questions that is being explored by researchers across the globe and is being discussed and brainstormed in various organisations and think tanks is: “what is the future of work”; “how forthcoming AI and Automation revolution will impact on the nature and structure of work”; and “what would be the impact of these changes on the fabric of society from social, economic and political perspectives”. In a 2013 study “The Future of Employment: How Susceptible are Jobs to Computerisation?” researchers Dr Carl Benedikt Frey and Dr Michael Osborne made an important observation: about 47% jobs in the US will be lost to automation. Dr Carl Frey is the co-director of programme on technology and employment at Oxford Martin School at Oxford University. His research focuses on “how advances in digital technology are reshaping the nature of work and jobs and what that might mean for the future”. In 2016, he was named the 2nd most influential young opinion leader by the Swedish business magazine Veckans Affärer. A recent book by Dr Carl Frey presents a thorough review of the history of technological progress and how it has radically shifted the distribution of economic and political power among society’s members. The title of the book is “The Technology Trap: Capital, Labour and Power in the Age of Automation”. The Industrial Revolution was a defining moment in history, but few grasped its enormous consequences at the time. This books demonstrates that the lessons of the past can help us to more effectively face the present and the forthcoming AI and automation revolution. Dr Carl Frey shows the Industrial Revolution created unprecedented wealth and prosperity over the long run, but the immediate consequences of mechanization were devastating for large swaths of the population. Middle-income jobs withered, wages stagnated, the labour share of income fell, profits surged, and economic inequality skyrocketed. These trends, Frey documents, broadly mirror those in our current age of automation, which began with the Computer Revolution. Just as the Industrial Revolution eventually brought about extraordinary benefits for society, artificial intelligence systems have the potential to do the same. But Frey argues that this depends on how the short term is managed. The decisions that we make now and the policies that we develop and adopt now will have profound impact on the future of work and job market. In the nineteenth century, workers violently expressed their concerns over machines taking their jobs. The Luddite uprisings joined a long wave of machinery riots that swept across Europe and China. Today’s despairing middle class has not resorted to physical force, but their frustration has led to rising populism and the increasing fragmentation of society. As middle-class jobs continue to come under pressure, there’s no assurance that positive attitudes to technology will persist. Dr Carl Frey joins me for this episode of Bridging the Gaps. In this podcast we discuss the ideas that Dr Frey presents in this book. Before discussing the future of work, we look at the history of work and how the nature of work evolved through various ages and how did it impact the equality in the society. Dr Frey notes in his book that the age of inequality began with the Neolithic revolution; we discuss this in detail. We then discussed first and second industrial revolutions and the age of digital transformation. We also discuss the rise of politics of polarisation and finally we discuss the future of work. This has been a fascinating conversation with a thought leader, on a hugely important subject.
In this episode of Sounds Robotic, host Charles Kenny talks with Carl Benedikt Frey, co-director of the Program on Technology and Employment at the Oxford Martin School, about his fears that the wage stagnation and rocketing inequality that resulted from the first industrial revolution could be repeated thanks to the spread of automation and artificial intelligence today.
In this episode of Keen On, Andrew talks to Carl Benedikt Frey, the co-director of the Oxford Martin Programme on Technology and Employment at the University of Oxford and author of The Technology Trap, about the similarities between the 19th century and today, what the future holds for high-skilled jobs in the age of automation, and how governments can embrace the future of technology. Learn more about your ad choices. Visit megaphone.fm/adchoices
What happens when technological innovation, instead of helping people, displaces them? That’s been a vexing question throughout history and it remains so today. In this podcast, we address the issue with Dr. Carl Benedikt Frey, author of The Technology Trap: Capital, Labor, and Power in the Age of Automation. Dr. Carl Benedikt Frey is a professor at Oxford University, where he directs the program on Technology & Employment at the Oxford Martin School. His academic work has been featured in more than 100 media outlets, including The Economist, Foreign Affairs and The New York Times. Your host Matt Miller is the policy and communications advisor for Capital Group. An author and former Washington Post columnist, Matt was co-host of the public radio program Left, Right & Center. Do you have any suggested topics for Capital Ideas? Please contact our editorial team at capitalideas@capgroup.com.
Is technology destroying or creating jobs? Is today's wave of new technology different from previous historic periods? If it is, what are the key characteristics that make our times unique? What should policy-makers do to shape how technology impacts our lives? Watch Social Europe Editor-in-Chief Henning Meyer discuss these and related questions with Carl Benedikt Frey. Carl Benedikt Frey is the Oxford Martin Citi Fellow at Oxford University where he directs the programme on Technology and Employment at the Oxford Martin School You might also find our regular articles, blogs and other written publications of interest. Just visit our website www.socialeurope.eu to read our latest output. If you want to stay up-to-date with all things Social Europe just sign up to our regular newsletter. You can do so on our website.
The measles resurgence around the world has been blamed on parents refusing to vaccinate their children but is vaccinating children enough? Also, how a new glove for humans is teaching robots how to feel. And Kenneth Cukier asks Carl Benedikt Frey, economic historian, what can be learnt from the industrial revolution in today’s world of automation and robots. See acast.com/privacy for privacy and opt-out information.
The measles resurgence around the world has been blamed on parents refusing to vaccinate their children but is vaccinating children enough? Also, how a new glove for humans is teaching robots how to feel. And Kenneth Cukier asks Carl Benedikt Frey, economic historian, what can be learnt from the industrial revolution in today’s world of automation and robots. See acast.com/privacy for privacy and opt-out information.
Today’s travelers are looking for more personalization and convenience during their hotel stays, and hoteliers are seeking out new solutions to help meet those needs. Akia is an artificial intelligence messaging platform that allows communication between a hotel and guests and learns to anticipate guests’ needs. In this episode, I had the pleasure of interviewing Joshua Galun, Hospitality & Travel Lead at Excella Consulting. We spoke on: How Hospitality Can Gain Competitive Advantages in Age of #AI? In the publication "The Future of Employment: How susceptible are jobs to computerization?", authors Michael Osborne and Carl Benedikt Frey estimate 47% of U.S. jobs are at "high risk" of potential automation. The fact is, any repetitive job is at risk of being replaced by machines. Even though this trend is unlikely to impact the hospitality industry in the same way, it is undeniable that replacing human interaction where it does not add any value, and increasing it where it does, is the optimum use of AI. Hoteliers should let computers analyze trends and patterns in guest behavior, so their staff can focus on the personal interactions, without the need to browse through tons of emails just to remember if Mr. Smith prefers a poolside or a streetside room. Humans should focus on what they do best and let computers do what they do best. What about having hotel staff help guests to their rooms and checking up on a personal level how the guest is doing and using that to optimize the stay, rather than entering addresses and checking credit cards and scanning passports.
Carl Benedikt Frey of Oxford University is one of the leading economists analyzing the effects of digitization on labor markets. Interviewed by Christoph Keese, Frey elaborates on one of the most controversial issues in the current political debate: Will robots and algorithms put us humans out of work? Or will digital transformation create more jobs than it destroys? Carl Benedikt walks us through empirical data and puts the heated political debate into perspective. He is optimistic about the net employment effects and expects human beings to continue working in the future. But he also predicts significant pain and problems in adaption. Many people will lose their jobs to machines without finding new jobs or equivalent pay. Carl Benedikt makes the argument for wage insurances protectting individuals against tech-driven losses of income.
Den digitala transformationen går fortare än tidigare teknikskiften. Men den sker inte över en natt. Vi har tid på oss att skaffa oss de färdigheter och kompetenser som krävs på framtidens arbetsmarknad. Det säger den ledande automatiserings- och arbetsmarknadsforskaren Carl Benedikt Frey när han gästar Futurions podcast.