Today, as I was going through my usual routine of checking facebook after reaching home, I read this very interesting article. Technology has really advanced over the last 20 years. At first it was only limited to performing heavy calculations, however, it has rapidly expanded its presence in all industries. From computer industry to automobile, from health care to manufacturing. It has now got to the point where it has entered our homes. We can control everything in our homes just using an iPad or any other tablet. All of this makes me wonder what happens to the people negatively effected by this rise in technology.
Google has been testing driverless cars since last couple of years, what is to say that they may not sell this techology to a company say Uber and this may result in loss of jobs of thousands of people whose sole way of earning was driving. The same applies for all areas where AI is currently being tested. There was an article recently which highlighted that quite a few back office jobs will be done by machines in the future. So then what happens to the ordinary humans who are not technologically savvy or aren’t computer science majors or aren’t even graduates? It seems that lately technology is only benefiting a few people, while the median incomes are dropping. Wasn’t the whole purpose of improving technology was to make life better for whole rather than a few?