The AI Economy by Roger Bootle

The AI Economy by Roger Bootle

Author:Roger Bootle
Language: eng
Format: epub, pdf
Tags: -
Publisher: Quercus
Published: 2019-07-22T16:00:00+00:00


6

Winners and losers

“In the coming century or so, humanity will divide into two classes of people – the gods and the useless.”

Yuval Harari1

“Some people get rich studying artificial intelligence. Me, I make money studying natural stupidity.”

Carl Icahn, billionaire2

So far, we have discussed the impact of robots and AI largely as though the effects fall equally on all people and parts of the world alike. That is clearly not true, and it is time to set the record straight. I will now discuss the effects on the distribution of income across different individuals, groups, regions, and countries, starting with individuals.



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