The Economy of Tomorrow | Aging Future | Documentary Economy

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The Economy of Tomorrow - The future is uncertain and full of challenges. How do we rescue our cities and tackle inequalities? How do we deal with an aging future and bridging the gender gap? It's time for some forward thinking.

The Economy of Tomorrow (2016)
Stars: Dafydd Rees, Alastair Bates
Genres: Documentary, News

0:00 March of the Machines

The show asks how will the AI revolution change the world? Part one features Jeremy Kahn, Bloomberg Tech Reporter, Mike McDonough Global Chief Economist at Bloomberg Intellligence and Gideon Mann, Head of Data Science at Bloombeg, Part Two features Martin Ford, Author of Rise of the Robots. Part Three features how AI could soon be changing healthcare.

23:16 Growing Pains

This programme asks how can we harness the economic potential of megacities? Part 1 features Bloomberg experts featured include James Hertling of Bloomberg News, Mike McDonough Global Chief Economist of Bloomberg Intelligence. Part 2 features urban activist Alessandra Orofino who's based in Rio de Janeiro in Brazil. Part 3 examines the urban environment in Lagos, Nigeria and features the floating village of Makoko and the EkoAtlantic project.

45:45 Smashing the Glass Ceiling

In this episode, we'll ask what's preventing women from closing the gender gap in the world of work?

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With trucks being driverless, I see a new industry for the drivers, hijacking the driverless trucks.

johnd
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Life always and always find a way. Trust the Evolution. Beautiful documentary ❤

TheRashmi
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A life without work and meaning is not a life. Me 2024.

blankka_collection
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Lol.... the Game of Monopoly should have taught humanity that the GAME ends when one person Hoards it all. A circular and strong economy comes when there are exchanges of finances and that doesn't happen when the few have it all.

Humans are led to fear technology but a knife in the hands of a chef is better than in the hands of a killer. Humanity should setup a system that prevents the killer from getting hold of the knife but at the same time makes sure the future chefs will have the knives.

Hence currently the killer has the resources for the technology and they are using it to hoard wealth by canceling jobs.. and they don't want (not know) how to lead humanity to a better future for everyone.

aznosu
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They always say people benefiting, if they mean corporations benefiting they're right. A wise person once said corporations can be people too.

waitforit
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How to keep economy running and keep rich the richer?

veteranxt
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There are unintended disconnects between the negative consequences that Martin Ford postulates or projects, and both the narration and the visualization in this video. For example, there's Ford speculating about negative social, employment and economic consequences on a vast scale, driven by the growing competence and mastery of AI, but the accompanying visuals include people walking on the street, upright buildings that presumably serve some purpose, cars on a highway, etc. But given the inevitable level and scale of social disruption, there will be diminishing employment and human productivity, hundreds of millions of people waking up every morning with nothing to do, social chaos, tremendous levels of violence and little beside gutted and burned-out buildings (you'll remember, people don't behave well when there's existential stress). The whole economic system will likely implode as the entire transaction system disappears. So where's the food? If nobody's buying, who's selling? This idea that a small number of tech plutocrats will do just fine in this emerging revolution is, in my opinion, a complete fiction. The other fiction, I think, is to produce a voice-over that fails to take adequate account--believable account--of how people really behave in situations like this. It's my view that we are at the start--no, well beyond the start--of a profound evolutionary moment. Interesting that we have invented our successors.

genemiller
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I dont think u can stop technical evolution, but we can adapt. This would work if governments actually cared about the lives & well-being of their citizens, you know, the guys paying the taxes that pay their wages & fund every government initiative.

cerebral-liberty
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Great efforts! Congratulations to All !

Tin-Trump
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Don't compare yourselves to the jones. Live your life with peace and tranquility. It's not a competition.

alrent
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The man says that as truck drivers loose their jobs, we have to be sure that the training is available to assist them to move into new jobs. Which jobs would those be? Will those jobs guarantee an income commensurate with their former pay? What also needs to be considered is that people need to be occupied; both physically and mentally; in order to be healthy adults and members of society. Can you imagine a nation of bored, restless, depressed, aimless people?

teresaharris-travelbybooks
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Thanks for sharing, technology advance too quickly more than ordinary people aware of it, that's the sad part 😔

thimmee.
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they're not concerned about employing displaced workers. They have already said, that they'll just give them a UBI. because they don't anticipate the need for such a large labor force in the future.

frankprit
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Has anybody ever wondered that inflation doesn’t really make sense, as time passes we become better and better at manufacturing stuff, better and more efficient manufacturing means lowering of cost of production and thus things should be cheaper, but any questions about the raising prices are often explained and shut down with the age old concept of ‘inflation’

Lennyviews_official
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Self driving 18 wheelers is terrifying

thedot
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Can machines buy the products and services they are producing, so how will this problem be solved?

Helen-ugfk
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the start "humans have always been good at forward thinking" um no. precisely why we have all the problems we have and now enter technology AI which is going to keep its focus upon productivity (euphemism for profit) for the illusion of improving our quality of long as we keep allow large corporations exploiting us we are all doomed. keep the rich richer and the poor personal hope is that quantum AI gets into the system it makes it own value judgement and enters huge profit industries and redistributes wealth amongst the poor.... i know unlikely but that i have put it on here perhaps its algorithm will find this comment and consider it lol

daddydancer
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We don’t have to worry about machines per se. We should be worrying about how corruption concentrates wealth inequality

NotShowingOff
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I think your effort in this discussion should focus as to what we, as humans should doe. Since producing goods and food it requires basically Three things, knowledge, energy, and materials. Knowledge and today' work will come with robots, materials is a global supply problem and has to be confronted globally. Therefore if we as individuals have to keep our freedom and live by been empowered and been away from UBI and" own nothing be happy, " we have to have our own energy. This can happen if we own property, because if we own property we can have our own energy. That's why the big capital who wants to keep the wealth for themselves say if" you own nothing you are going to be happy".

epapanak
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From technology advancement and urbanization to gender inequality. The flow is quite impressive

puritybiket