5 April 2016, The Conversation, What to do when machines take our jobs? Give everyone free money for doing nothing. It was Groucho Marx who said, “While money can’t buy happiness, it certainly lets you choose your own form of misery.” Quite true, but what if there’s no money coming in from work because your job’s been taken over by a machine? Low wage earners appear to be most at risk from automation. In February 2016, the Council of Economic Advisers (an agency within the Executive Office of the US President) issued an alarming report predicting that an 80% or greater chance exists for people on basic incomes of US$20 per hour or less to be made redundant by smart machines in the foreseeable future. After them come the mid-range workers. Clearly, we need strategies to address any job losses arising though increases in automation. Theoretically, just about any job that can be described as a process could be done by a computer-controlled machine. In practice though, many employers will decide that keeping a human in a job is preferable to automating it. These are jobs that involve some degree of empathy. Imagine telling a robot doctor what ails you in response to “please state the nature of your medical emergency”. Free money for all – seriously? But what about those people whose jobs are lost to automation? What if new jobs aren’t created to replace them? What are they to do if they can’t earn a living anymore? This time it’s Karl Marx, not Groucho, who comes to mind with the idea of giving people a universal basic income (UBI). This is raised as a possible remedy to any misery caused by rising unemployment from job automation. Put simply, a UBI is a pump-priming minimum income that is unconditionally granted to all on an individual basis, without any means test or work requirement. It eliminates the poverty traps that the poor fall into when welfare payments have many conditions and are administered by large and inflexible bureaucracies. Read More here
Monthly Archives: April 2016
5 April 2016, The Conversation, This summer’s sea temperatures were the hottest on record for Australia: here’s why. The summer of 2015-2016 was one of the hottest on record in Australia. But it has also been hot in the waters surrounding the nation: the hottest summer on record, in fact.
Australian Bureau of Meteorology While summer on land has been dominated by significant warm spells, bushfires, and dryness, there is a bigger problem looming in the oceans around Australia. This summer has outstripped long-term sea surface temperature records that extend back to the 1950s. We have seen warm surface temperatures all around Australia and across most of the Pacific and Indian oceans, with particularly warm temperatures in the southeast and northern Australian regions. Read More here
5 April 2016, The Conversation, What to do when machines take our jobs? Give everyone free money for doing nothing. It was Groucho Marx who said, “While money can’t buy happiness, it certainly lets you choose your own form of misery.” Quite true, but what if there’s no money coming in from work because your job’s been taken over by a machine? Low wage earners appear to be most at risk from automation. In February 2016, the Council of Economic Advisers (an agency within the Executive Office of the US President) issued an alarming report predicting that an 80% or greater chance exists for people on basic incomes of US$20 per hour or less to be made redundant by smart machines in the foreseeable future. After them come the mid-range workers. Clearly, we need strategies to address any job losses arising though increases in automation. Theoretically, just about any job that can be described as a process could be done by a computer-controlled machine. In practice though, many employers will decide that keeping a human in a job is preferable to automating it. These are jobs that involve some degree of empathy. Imagine telling a robot doctor what ails you in response to “please state the nature of your medical emergency”. Free money for all – seriously? But what about those people whose jobs are lost to automation? What if new jobs aren’t created to replace them? What are they to do if they can’t earn a living anymore? This time it’s Karl Marx, not Groucho, who comes to mind with the idea of giving people a universal basic income (UBI). This is raised as a possible remedy to any misery caused by rising unemployment from job automation. Put simply, a UBI is a pump-priming minimum income that is unconditionally granted to all on an individual basis, without any means test or work requirement. It eliminates the poverty traps that the poor fall into when welfare payments have many conditions and are administered by large and inflexible bureaucracies. The suggestion of free money is sure to raise many peoples’ hackles. Yet, this seemingly outrageous idea is being taken seriously enough to be trialled by a growing number of governments around the world, including that of Finland, the Netherlands and Canada. Read More here
4 April 2016, Science Daily, Water cycle instability is here to stay posing major political and economic risks. Adaptation to new risks: A vital necessity for development policies. The current instability and unpredictability of the world water cycle is here to stay, making society’s adaptation to new risks a vital necessity when formulating development policies, a UN water expert warns. Robert Sandford, the EPCOR Chair for Water and Climate Security at the United Nations University’s Canadian-based Institute for Water, Environment and Health (UNU-INWEH), says long-term water cycle stability “won’t return in the lifetime of anyone alive today.” “What we haven’t understood until now is the extent to which the fundamental stability of our political structures and global economy are predicated on relative stability and predictability of the water cycle — that is, how much water becomes available in what part of the year. As a result of these new water-climate patterns, political stability and the stability of economies in most regions of the world are now at risk.” Ontario Lieutenant-Governor Elizabeth Dowdeswell, a former Executive Director of the UN Environment Programme, and UN Under Secretary-General David Malone, Rector of UN University, are among several expert speakers joining Sandford in Ottawa Tuesday April 5 at UNU-INWEH’s day-long 20th anniversary public seminar, “Water: The Nexus of Sustainable Development and Climate Change.” The seminar will focus on national policy changes needed worldwide to achieve global water security — a pre-requisite for reaching the new global Sustainable Development Goals, or SDGs, agreed upon by world leaders in September 2015. Read More here