Recent quotes:

If the Rise of the Robots Is Moved from the Ten-Year to the Fifty-Year Agenda, What Replaces It on the Ten-Year Agenda?: Focus - Washington Center for Equitable Growth

There are the different agendas at different time frames–say two years, ten years, and fifty years. The smart young whippersnapper Marshall Steinbaum reports on the growing consensus that dealing with the Rise of the Robots is on our fifty-year agenda, and not on our two-year or our ten-year agenda
#Rise-of-the-Robots #Income-Inequality #Lawrence-Summers #Marshall-Steinbaum #Plutocracy #Overclass - equitablegrowth.org

Weekend Reading: Mike Konczal: Everyone Should Take It Easy on the Robot Stuff for a While (Brad DeLong's Grasping Reality...)

Mike Konczal: Everyone Should Take It Easy on the Robot Stuff for a While There's been a small, but influential... ...hysteria surrounding the idea is that a huge wave of automation, technology and skills have lead to a huge structural change in the economy since 2010. The implicit argument here is that robots and machines have both made traditional demand-side policies irrelevant or naïve, and been a major driver of wage stagnation and inequality.
#Information-Economy #Rise-of-the-Robots #Inequality #Mike-Konczal - bradford-delong.com

Lunchtime Must-Read: Mike Konczal: Everyone Should Take It Easy on the Robot Stuff for a While - Washington Center for Equitable Growth

Mike Konczal: Everyone Should Take It Easy on the Robot Stuff for a While There’s been a small, but influential hysteria… …surrounding the idea is that a huge wave of automation, technology and skills have lead to a huge structural change in the economy since 2010. The implicit argument here is that robots and machines have both made traditional demand-side policies irrelevant or naïve, and been a major driver of wage stagnation and inequality. Though not the most pernicious story that gained prominence as the recovery remained sluggish in 2010 to 2011, it gained important foothold among elite discussion…
#Information-Economy #Rise-of-the-Robots #Mike-Konczal - equitablegrowth.org

Morning Must-Watch: Larry Summers and Friends: The Future of Work - Washington Center for Equitable Growth

http://www.c-span.org/video/?324436-1/discussion-future-work Larry Summers: On the diagnosis, I want to make a confession of ignorance, make an observation, and express a worry. First, my confession of ignorance is this, and I think it should apply to everybody who speaks confidently in this area
#Rise-of-the-Robots #Hamilton-Project #Larry-Summers - equitablegrowth.org

Evening Must-Read: The Hamilton Project: Future of Work Event: Tweets - Washington Center for Equitable Growth

The Hamilton Project (@hamiltonproj) | Twitter: You can watch the full #FutureOfWork forum on @cspan http://cs.pn/1z3WKBP That concludes our #FutureOfWork event.Thanks to our panelists for a great discussion. Visit http://bit.ly/1BZmC4U for video & audio Who is going to be technologically displaced if machines take away labor jobs? That’s a social problem, concludes @LauraDTyson #FutureOfWork ‘US has great incentives to do #research, but weak incentives to create #jobs and keep profits here’ – @LauraDTyson #labor #FutureOfWork Given nature of tech changes, a lot is not going to measurable unless you figure what the output is, @LauraDTyson asks panel #FutureOfWork
#Information-Economy #Rise-of-the-Robots #Income-Inequality #Hamilton-Project - equitablegrowth.org

The Intellectual War Over the Rise of the Machines Continues...: Focus - Washington Center for Equitable Growth

I see that the vir illustris Lawrence Mishel, our neighbor here in the Great Center-Left Atrium Building at 1333 H St. N.W., has had his ire awakened by the femina clarissima Melissa Kearney and her forthcoming Hamilton Project event on robots tomorrow: http://www.hamiltonproject.org/papers/future_of_work_in_machine_age/… Lawrence Mishel: Failed Theory Posed by Wall Street Dems Puts Hillary Clinton in a Bind: “There was a time where it was plausible to argue that more education and innovation were the primary solutions to our economic problems. But that time has passed…. You cannot tell that, however, to the… Hamilton Project…. The new framing paper… details how ‘advancing computer power and automation technology’ creates a challenge for: how to educate more people for the jobs of the future, how to foster creation of high-paying jobs, and how to support those who struggle economically during the transition… the same analysis we heard from the Clinton administration 20 years ago, when the discussion was of a ‘transition to the new information economy.’ Let them eat education. The education-only solution wasn’t appropriate when it was first put forward, and it is not even remotely plausible now….
#Rise-of-the-Robots #Hamilton-Project #Larry-Mishel #Melissa-Kearney - equitablegrowth.org