Obama warns of the danger of AI wiping out jobs

Technology is replacing jobs. Are you ready? President Obama joined a chorus of those warning of the potential downsides of artificial intelligence. In an interview with Wired Magazine, Obama spoke of redesigning the social compact and starting a conversation around fair wages. He cited teachers as being underpaid, and called for a reexamination of what we value, and what we’ll pay for. Obama addressed basic income, a proposal for all citizens to receive a government stipend in order to meet their costs of living. The idea has gained recent support among some futurists and economists, given concerns over how technology will eliminate jobs and impact salaries in coming years. “Whether a universal income is the right model — is it gonna be accepted by a broad base of people? –…


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