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Tech and Job Market: The future of tomorrow by Kalatium(m): 12:46am On Jun 08, 2020
Throughout history the job market was divided into three main sectors: agriculture, industry and services.

Until about 1800, the vast majority of people worked in agriculture, and only a small
minority worked in industry and services.

During the Industrial Revolution people in
developed countries left the fields and herds. Most began working in industry, but growing numbers also took up jobs in the services sector.

In recent decades developed countries underwent another revolution, as industrial jobs vanished, whereas the services sector expanded.

In 2010 only 2 per cent of Americans worked in agriculture, 20 per cent worked in industry, 78 per cent worked as teachers, doctors, webpage designers and so forth.

When computer algorithms are able to
teach, diagnose and design better than humans, what will we do?

This is not an entirely new question. Ever
since the Industrial Revolution erupted, people
feared that mechanisation might cause mass
unemployment. This never happened, because as old professions became obsolete, new professions evolved, and there was always something humans could do better than machines.

Yet this is not a law of nature, and nothing guarantees it will continue to be like that in the future. Humans have two basic
types of abilities: physical abilities and cognitive abilities.

As long as machines competed with us merely in physical abilities, you could always find
cognitive tasks that humans do better. So
machines took over purely manual jobs, while
humans focused on jobs requiring at least some cognitive skills.

Yet what will happen once algorithms outperform us in remembering, analysing and recognising patterns?

The idea that humans will always have a
unique ability beyond the reach of non-
conscious algorithms is just wishful thinking.

The rise of artificial intelligence might indeed be better than us in cognitive skills and might come to replace us.

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Re: Tech and Job Market: The future of tomorrow by Kalatium(m): 1:01am On Sep 16, 2023
If AI takes over jobs that require our cognitive abilities, what is left for us to do?

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