The Rise of Automation

An analysis and proposed changes for society as automation affects poverty

Project Description

Students were permitted to choose any topic, with few exceptions, and were expected to develop a professional document detailing findings, analysis, and recommendations for change if needed.

 

This document explores the potential effects automation and A.I. on society, and attempts to identify critical factors of those effects. Then the document outlines possible courses of action, and details existing research to quantify the efficacy of these courses of action. Finally, the document recommends the logical outcome based on the analysis, and attempts to persuade the audience to agree with the recommendation.

Project Details

Delivered To Professor Sanders
Date 12/16
Skills Word processing, critical thinking, persuasive writing

Summary

With the advancements in AI and automation, humanity faces a disruption to the traditional exchange of time for money that has not been seen on this scale. Instead of attempting to determine what labor forces will be impacted, or a timetable for when these disruptions will achieve a critical point, this document attempts to identify plausible courses of action. Research related to automation, employment, and social services are referenced and summarized. Notably, research on mass unemployment, and basic income are referenced frequently.

The document proposes three courses of action, do nothing,  expansion of public works, and universal basic income. Upon analysis of the options, the document recommends an overhaul of the social assistance programs and implementation of a reverse tax, or universal basic income. The document recommends immediate testing of these strategies utilizing specific methodologies.

Market Forces (Do-nothing)

The riskiest of the options, this alternative requires new job creation to continue to expand as the population grows. It theorizes that automation will only increase capacity, and not hinder new job creation.

Expansion of Public Works

Public works projects have worked in the past to stabilize job markets, governments have enormous debt capacity and can utilize methods that the private sector will not. Under this alternative, governments around the world are expected to continuously spiral up in public works projects and use controls that prevent automation in those projects.

Universal Basic Income

With universal basic income governments expect unemployment to rise. Instead of resisting the change, they provide an income to residents such that alternative, and less profitable uses of time can be explored. With this idea, production has met human consumption capacity and staple goods value will plummet. Capitalistic ideals are maintained, and individuals will seek out new ventures with a safety net.