Why we'll never run out of jobs - Tim O'Reilly (O'Reilly Media, Inc.)

There are many who fear that in the future, AI will do more and more of the jobs done by humans, leaving us without meaningful work. To believe this is a colossal failure of the imagination. The weavers of Ned Ludd’s time couldn’t imagine that the descendants of those looms they so feared would make goods so cheap that people like them would live more richly than the monarchs of Europe, that we would fly through the air, tunnel under the sea and mountains, and double our average lifespan. What wonders might we accomplish with the help of the machines of today if we put them to work on the world’s great unsolved problems? When machines do more of the drudgery, we see that uniqueness, craft, and brand provide a creative premium in the human economy. But we will only get to the flowering of that Next Economy if we make the right choices today. Tim O’Reilly explains why we can’t just use technology to replace people; we must use it to augment them so that they can do things that were previously impossible.

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[jnor]

A universal basic income might have to become a thing. If AI (robots, machines) start to take over the jobs previously done by humans. But it might allow humans to have more free time and less work, with better pay, since robots don't need to get paid. If corporates are forced to pay their employees fairly.

Another issue is the human pop on earth is growing, more people are being born than humans are dying, what if there aren’t enough jobs for all humans in the coming days (years) as the human population keeps on growing.

[willpearson]

You completely fail to answer the question in your title, saying that there will always be problems in the world doesn't mean there will still be enough labour for everyone to work full time jobs.

We need to think about reducing the time people work, giving more free time to everyone equally and fairly distributing the work that still has to be done.

[johngury]

Everything is going to be great! Because that is how it's always been, Pollyanna.

[jukkrityotha]

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[benfurstenwerth]

This video makes me want to take back all the nice things I've said about this channel. Anyone who knows business, capitalism or has every had a job knows how this works... Shame on this channel for promoting complacency and ignorance.