How Cloud Robotics Could Soon Threaten Jobs
The last point cannot be emphasized enough. I think that many economists and others who dismiss the potential for robots and automation to dramatically impact the job market have not fully assimilated the implications of machine learning. Human workers need to be trained individually, and that is a very expensive, time-consuming and error-prone process. Machines are different: train just one and all the others acquire the knowledge. And as each machine improves, all the others benefit immediately.