AI, robots will worsen inequality, says expert

Original article by Damon Kitney
The Australian – Page: 41 : 3-Apr-19

Lord Adair Turner has told the Creative Innovation 2019 Asia Pacific conference in Melbourne that increased automation in the workforce will lead to greater inequality. Lord Turner, who is with the Institute for New Economic Thinking, also said that increased automation, along with the rise of artificial intelligence, could serve to accentuate a "winner takes it all" attitude within society. He said it is important to think about the jobs that humans can do best and "to value and cherish them", and that wealth from land ownership would become more pronounced in the future.

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INSTITUTE FOR NEW ECONOMIC THINKING