What Will Really Happen in the Age of Automation?

In Brief

•   A new video from Kurzgesagt – In a Nutshell explores the history of innovation and job loss, and points out why the age of automation is different from anything we've seen before.

Kurzgesagt – In a Nutshell on YouTube just released a new video that explores the age of automation and how, while automation has changed society before, things are different this time. Before, as automation modified industries like agriculture, jobs were lost. However, with this job loss came job creation, as machines needed to be repaired. This actually was an overall positive movement, as the new jobs which replaced the old ones were typically “better” in terms of pay and working conditions.

One of the main differences between that shift and the one that we are currently in is the lack of job creation. While the internet led to the creation and development of new industries and jobs, it simply hasn’t been enough to keep up with growing populations and the demand created by automation-driven job loss. Industries and jobs of the information age simply need fewer people to make them work.

But we are beyond that now. While the information age couldn’t support the need for new jobs, the age of automation will pose even more issues and difficulties. As populations continue to grow and job creation continues on a downward trend, what will we do? The video above explores both the grim and positive possibilities that the age of automation could create. This moment in time could forever shape the future in ways that have never been seen before. We as human beings should learn as much as we can about what’s happening in order to adapt to an inevitably automated world.

Read more https://futurism.com/what-really-happen-age-automation/