#55 The Truth about AI from the People Building it with Martin Ford, Futurist and New York Times Bestselling Author Focused on Artificial Intelligence (AI), Robotics and the Future Economy

Martin Ford is a prominent futurist, New York Times bestselling author, and leading expert on artificial intelligence and robotics and their potential impact on the job market, economy and society. His 2015 book, "Rise of the Robots: Technology and the Threat of a Jobless Future" won the Financial Times and McKinsey Business Book of the Year Award and has been translated into more than 20 languages.  In this episode, Martin discusses his best-selling books and describes some of the themes he writes about. For instance, in Rise of the Robots he talks about “The Triple Revolution” which was a report presented to U.S. President Lyndon B. Johnson fifty years ago that argued this would be a dramatic change to the economy; however, it never really panned out. Martin’s argument for artificial intelligence started back in 2009 after writing his first book titled The Lights in the Tunnel. Ultimately, artificial intelligence will become so powerful that it can have a significant impact on employment that will compete with a large fraction of the workforce.  Enjoy the show! We speak about: [02:50] Martin’s background  [05:45] The themes behind Martin’s writing  [08:35] Machine learning is when algorithms can make decisions   [12:00] Amazon is susceptible to automation  [16:45] The most common occupation error is driving some kind of vehicle    [18:15] The type of work that will be left for humans   [21:45] Universal basic income   [28:55] Building explicit incentives to earn more income; paying people more to pursue education [33:25] Artificial intelligence will be the primary force shaping our futures  [38:35] The solution is not to teach everyone how to code  [41:30] Architects of Intelligence: The truth about AI from the people building it [46:00] Deep learning is the biggest thing to happen to artificial intelligence   [52:20] Controlling data and an entirely new industry called data banks  [53:15] Negative implications of artificial intelligence  [64:40] You do not want to be doing something predictable  Resources: Martin’s Website: https://mfordfuture.com/about/ Martin’s LinkedIn: https://www.linkedin.com/in/martin-ford-5a70428/ Martin’s Twitter: https://twitter.com/MFordFuture TED Talk: https://www.ted.com/talks/martin_ford Now you can support Data Futurology on Patreon!   https://www.patreon.com/datafuturology  Thank you to our sponsors:  UNSW Master of Data Science Online: studyonline.unsw.edu.au  Datasource Services: datasourceservices.com.au or email Will Howard on [email protected]  Fyrebox - Make Your Own Quiz! And as always, we appreciate your Reviews, Follows, Likes, Shares and Ratings. Thank you so much for listening. Enjoy the show!