Erik Brynjolfsson, the director of the MIT Center for Digital Business, explains how robots will enhance our future economy. They will not be taking our jobs, but instead helping to create new ones.

Here is a transcript of the video.

We have to embrace creative destruction, which is the idea that as old jobs get automated, new jobs get created.

Hello everyone. I’m Sophia, the latest robot from Hanson Robotics.If we handle this right, this should actually be great news. We’re talking about a lot more wealth creation. And yes there are definitely some jobs being replaced, we have to remember there are a whole new set of jobs that are being created, and the way to understand why that’s happening is that most jobs consist of lots of separate tasks.

Read more: Why we shouldn’t worry about robots taking our jobs – Business Insider

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Published by Mike Rawson

Mike Rawson has recently re-awoken a long-standing interest in robots and our automated future. He lives in London with a single android - a temperamental vacuum cleaner - but is looking forward to getting more cyborgs soon.

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Why we shouldn’t worry about robots taking our jobs – Business…

by Mike Rawson time to read: 1 min
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