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30.01.2024 Today’s Insights from MIT Technology Review: People are worried that AI will take everyone’s jobs, but we’ve been here before.

30.01.2024 Today’s Insights from MIT Technology Review: People are worried that AI will take everyone’s jobs, but we’ve been here before.
Dear Students,
 
In this lengthy yet interesting article, the veteran (25+ years) MIT Technology Review Editor David Rotman highlights similarities between what could be called historical “technological panic moments” and the response of some individuals to the current explosion of AI in business. Such pivotal times included the 1930s and 1960s, along with the more recent 2010s, which coincided with periods of high unemployment.
 
Rotman closes this intriguing (and well worth reading) piece by making a valuable point, which is that how AI is leveraged is something that all of us – including ambitious international students like you – can impact – in the years to come. Aspiring professionals, such as you and your peers, must collaborate to devise and commit to a shared consciousness of responsible AI, partnering with business leaders and colleagues globally to advocate for and implement benevolent, ethical and moral applications.
 
In a 1938 article, MIT’s president argued that technical progress didn’t mean fewer jobs. He’s still right.
www.technologyreview.com
Wishing you a technology-worry-free evening!