Talks at Google
The Technology Trap | Carl Benedikt Frey | Talks at Google
Carl Benedikt Frey joined us in London to talk about his book ""The Technology Trap: Capital, Labor, and Power in the Age of Automation", and what history teaches us about how we might deal with the upcoming shift in working habits caused by the age of artificial intelligence. * About the book * 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. Get a copy of the book here: https://goo.gle/3194fgx
GMIS: Global Manufacturing & Industrialisation Summit
The Great Debate: Skills 4.0 - GMIS 2017 Day 2
This panel was hosted by Axel Threlfall, Editor-at-Large at Reuters, and featured notable guests: -Dr. Carl Benedikt Frey, Co-Director and Oxford Martin Citi Fellow, Oxford Martin Programme on Technology and Employment, University of Oxford -David Hoey, Chief Executive O cer, WorldSkills International -Tod Laursen, President of Khalifa University Manufacturers of today must “upskill” their workers to prepare them for the jobs they will be doing 20 years from now, the summit heard, with concerns about artificial intelligence (AI) replacing labour described as ‘scaremongering’ by a leading academic. “If you go back to the first industrial revolution you will find not a single argument that is being raised in the contemporary debate that was not raised back then,” said Dr Benedikt Frey. Panellists agreed technology is advancing so fast that young people entering university today will be working with products that have not yet been invented and will have unimaginable opportunities. But Dr Benedikt Frey sounded a note of caution, saying that while technology may be moving fast, the implementation was not happening as fast as expected, citing similarities to the first industrial revolution, when it took nearly 100 years for the economic impact of widespread use of machines to be seen. He advised manufacturers to carefully study the occupational changes that are taking place in the market and try to plan ahead by upskilling the workers, so they will still be able to be usefully employed 20 years from now. For Laursen, artificial intelligence may not be as threatening to jobs as perceived wisdom suggests. He cited his experience of watching the Sheikh Mohammed bin Zayed International Robotics Challenge as an example of how far the technology has to go in some areas, for example creating a robot to replace engineers and technicians in a maintenance environment, as teaching them to select the right tool and use it correctly is proving to be a challenge to robotics engineers. While Hoey was keen to emphasise the need for young people to consider roles thought ‘dirty’ by older generations, for example, welding, which now requires advanced technological skills, the importance of universities in teaching analytical skills that help adapt to change and acquire new skills was also cited.
Panel Discussion - Convoco Forum 2018: Ideas for the Future of Capitalism, Salzburg, Austria
Speakers: Dr. Carl Benedikt Frey (Programme Director, Oxford Martin School), Roland Berger (Founder, Roland Berger Consulting) Prof. Kai A. Konrad (Director, Max Planck Institute for Tax Law and Public Finance), Gisbert Rühl (Chairman, Klöckner & Co SE)
World Trade Organization
Trade Dialogues: Carl Benedikt Frey (full lecture)
Topic: Technology and the future of work The WTO Trade Dialogues lecture series examines the effects of trade and technology on job markets. On 31 January 2017 Carl Benedikt Frey of Oxford University discussed the role of automation for the future of work in the context of globalisation. He is most notably known for the influential assessment that nearly half of the jobs in the United States are susceptible to automation in the next decades. Trade Dialogues Lecture Series: https://goo.gl/0hw3iH Economic research and analysis: https://goo.gl/4Qd9N7 Disclaimer: The opinions expressed in this video are those of the lecturers. They do not purport to reflect the opinions or views of the WTO or its members.
Automation & The Future Of Work (Carl B. Frey, S. Haddadin, B. Huber, A. Aslan) | DLD 18
Carl Benedikt Frey (Oxford Martin School), Sami Haddadin (Leibniz University of Hannover), Bernd Huber (Ludwig Maximilian University) moderated by Ali Aslan (Journalist) will discuss the future of work and the role of automation: Is technological unemployment a likely future outcome? Where have workers who have seen their jobs being automated away found new employment? Robots are becoming a mass product. How can we make sure that our society is prepared? Where will robots be used in the near and mid-term future and how many robots will be needed? How to integrate digitalization into higher education and research? What are some of the major trends for the future labor market?
Economy & the 4th Industrial Revolution
Speakers: Ronaldo Mouchawar, CEO, Souq.com Carl Benedikt Frey, Co-Director, Oxford Martin Programme on Technology and Employment Charlie Morris, Chief Investment Officer, NextBlock Global Selim Jahan is the Director of the Human Development Report Office (HDRO) Moderator: Tom Goodwin, Head of Innovation, Zenith Media