labor markets

Wealth and Labor in the Cognitive Automation Era

Disruptive technologies have always been greeted with a concern—and many times a back reaction—by the institutions that they are, or are meant to, disrupt. In the startup world, we think about disruption as replacing established technologies and ways of doing things with compelling (and better) alternatives, challenging incumbent market dominants. But disruption also means changing how people work, and therefore also means upheaval in labor markets. Yesterday, in the Uncharted Forum here in Berkeley, I discussed artificial intelligence on stage with former Deputy Assistant Secretary of the Treasury Brad DeLong (also a professor with me at Berkeley).