Artificial intelligence - the future of work and new solutions!

Artificial intelligence - the future of work and new solutions!

An impressive step into the future is currently being prepared at the University of Graz: The domestic economist Maik Schneider has developed a package of measures that addresses the effects of the upcoming “AI revolution” on the labor market. In view of the forecasts that between 20 and 30 percent of workers will be affected by artificial intelligence, the pressure to find solutions is enormous. As leadersnet.at , Schneider has the goal of designing the technological change in such a way that as many people as possible can benefit from it and that the political institutions can remain stable.

revolutionary solutions for the labor market

The approaches discussed include the introduction of a "robot tax" and the creation of a special insurance that should cushion negative income effects. According to Schneider, such an insurance company could cover job loss and lower income as part of the AI ​​change, which would be particularly important for the increasingly endangered middle class. "The payment amount could be higher than unemployment benefit," he adds. However, this measure would have to be precisely designed in order to be able to reliably identify real AI effects, according to the scientists' considerations.

Otherwise, the idea of ​​a universal basic income is also considered, which is to be distributed fairly among the population. And while a robot tax would bring a slow implementation of technological progress, it could also help to mitigate the negative effects in the job market. Schneider is aware that these measures require a broad political discussion to work. A balanced concept that combines the positive aspects of all approaches could be the key to counter the challenges of the AI ​​age, with politics being responsible for the implementation, as is also described on maik-t-schneider.net