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Showing posts from March, 2021

Will robots really take our jobs?

  On January 23rd 1812, a group of artisans stormed in a textile workshop in Nottingham (UK). Armed with hammers, they smashed the knitting machines that could produce goods 100 times faster than by hand. Most of them were arrested, sentenced to death and hanged at York Castle. They were   Luddites , a movement of highly skilled textile artisans that in early XIX century were protesting against the increasing use of machines operated by unskilled workers. The fear of machines taking our jobs is nothing new; and we can see the exact same thing happening now amplified by Hollywood movies, which generate a rather negative aura around robots. However, Artificial Intelligence is already bringing huge growth from the new types of goods, services and innovations that this technology enables. Indeed, Gartner  [1]  estimates that AI will generate  $2.9 trillion  in business value in 2021. Does it mean that our jobs will be safe? No...