According to Bob Gordon, professor of economics at Northwestern University, we will no longer experience a time of industrial revolution. He claims that the technology we develop now doesn’t have any essential changes. But is this really so?
Robots are about to rise and becoming more and more important to our society. Through big data, the use of massive databases of conversations, the robots can perform tasks that could only be done by people a few years ago. This is why a lot of work is now more accessible for these devices.
For example, the Farmers fridge, a vending machine that delivers healthy, gourmet meals made from fresh, high quality ingredients each morning. The Chicago-based startup collects fresh produce direct from local farms each morning and begins making the day’s salads, breakfast pots and health snacks at 5am. By 10am, the meals are dinner ready and loaded into the touchscreen-enabled kiosk. Any leftovers from the previous day are packed up and donated to a food bank.
Another example is the electric car vending machine in China. Chinese cities are imposing limits on car sales to reduce congestion and looking to congestion charges to discourage driving in central urban areas. But in Hangzhou, the solution is more cars, more electric cars that is, using an innovative system that combines ideas from popular carshare and bikesharing programs and robotic car garages. For $3,25 you can rent a car by the hour.
But what does this mean for all the employment? Intelligent machines will reduce the need for human labor, and so the need for smart people.