Robots could push unemployment to 50% in 30 years, prof says
Found on CNet News on Sunday, 14 February 2016
In 30 years, Vardi says, computers will be able to perform almost any job that humans can. One assumes this includes working as a professor of computational engineering. Vardi foresees unemployment as surpassing 50 percent by 2045.
"If we wait 25 years, we may find ourselves in a very difficult societal change. The Industrial Revolution brought about the Russian Revolution and the Chinese Revolution, with a human cost of about 100 million lives. I hope we are wiser this time," he told me.
That will end up in uprisings, unless the unemployed masses receive enough unemployment benefits to keep them calm; but even then it has a dangerous potential because with too much free time, some people might get the wrong ideas. Panem et circenses does not work in the long run.