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Keyword: zeroeconomicvalue

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  • What happens to society when robots replace workers?

    12/10/2014 1:05:31 PM PST · by giant sable · 43 replies
    Harvard Business Review.com ^ | December 10, 2014 | William Davidow & Michael S. Malone
    The technologies of the past, by replacing human muscle, increased the value of human effort – and in the process drove rapid economic progress. Those of the future, by substituting for man’s senses and brain, will accelerate that process – but at the risk of creating millions of citizens who are simply unable to contribute economically, and with greater damage to an already declining middle class.