Electronics fueled the 2000 US budget surplus. Will AI help or hinder?
October 17 @ 3:30 pm - 5:00 pm
Co-sponsored by: Boston Section, life members affiliate group; Boston SSIT Chapter
The “dot-com” digital technology boom together with governmental tax increases resulted in the 1998 – 2001 federal budget surplus. Will emerging artificial intelligence, AI, and deep learning technology help the US recover from the budget deficits we have had since 2001?
AI should make more jobs for technologists and expand our economy. What about other skilled professionals like radiologists, who are being displaced by the AI that can do a better job? The McKinsey Global Institute report, “Jobs lost, jobs gained: Workforce transitions in a time of automation (2017),” predicted that up to 33% of our workers will have to find new jobs by 2030.
Joseph Aoun, President of Northeastern University, in his book Robot-Proof: Education in an Age of Artificial Intelligenceadvocates educating people to invent, create, and discover—filling needs that even the most sophisticated robot cannot do. Workers will need both computer and human communication skills and psychology learned in the humanities. Basic income pilot programs in Ontario Canada and Silicon Valley are underway to help those whose jobs are eliminated by AI
Would government “trickle up” economic policy be more effective than present “trickle down” in increasing income equality?
3:30 Coffee and Cookies
4PM Presentation followed by discussion, questions, concerns, whatever
Bldg: Lincoln Lab Cafeteria
244 Wood Street