Monday, March 21, 2016

Deep Learning And New Economics

"Deep Learning Is Going to Teach Us All the Lesson of Our Lives: Jobs Are for Machines".

I don't necessarily agree with everything in this article. But I think we're due for some very "interesting" economic times. In particular, I think my current job as a physician will likely not exist in 10-20 years (perhaps sooner.)

Link via Dave Jilk, who also adds this commentary:
You may not agree with everything in this article, from the prognostications to the prescriptions. Regardless of the details, though, a transition of this kind seems increasingly inevitable.

One thing that the author misses is that people work for more than just income - they work for dignity and a sense of accomplishment. Part of any future vision needs to include the mechanisms for people to obtain these values as well. My suggestion/prediction is a sort of "craft-everything gift economy." What if you occupied your time competing for bragging rights as the maker of the best custom X in your neighborhood, and you *gave it away*?