History already tells us the future of AI

BOSTON, Massachusetts – Artificial intelligence and the threat it poses to good jobs would seem to be an entirely new problem. But we can find useful ideas about how to respond in the work of David Ricardo, a founder of modern economics who observed the British industrial revolution firsthand. The evolution of his thinking, including some points that he missed, holds many helpful lessons for us today.

Another key problem, albeit not one that Ricardo himself dwelled upon, was that working in harsh factory conditions — becoming a small cog in the employer-controlled 'satanic mills' of the early 1800s — was unappealing to handloom weavers. Many artisanal weavers operated as independent businesspeople and entrepreneurs who bought spun cotton and then sold their woven products on the market.

Source: Tech Daily Report (techdailyreport.net)

Already Tells Us The Future Of AI

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