Article 3NAP7 How AI and Looser Labor Laws Will Create Jobs

How AI and Looser Labor Laws Will Create Jobs

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AI, then, does not automate so much as it augments. Man plus machine is much more productive than man or machine for as long as we can predict. We should not be worried about AI taking jobs from people but rather why people are doing jobs that are meant to be for machines. Taking advantage of that productivity gain and allowing it to free up resources is a must if prosperity is desirable. The focus should not be on how to prevent automation, nor what kind of redistribution is needed when everyone is technologically unemployed, but rather how to best harness technological capability in order to improve the lives of many through more dynamic labor markets.

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