The Future of Work
Can we apply the lessons from the history of the first three industrial revolutions to the fourth to secure a future that benefits all? Mark Carney, Governor of the Bank of England, examined the scope, scale and speed of the rise of AI, big data and machine learning in his Whitaker Lecture at the Central Bank of Ireland on 14 September.
He argues that institutions are essential to smooth the major transitions that profound technical revolutions bring about – and they can help ensure their promise is realised by as many as possible. Granular reviews of workforce requirements, reporting on the pace of automation and appropriate monetary policy are all highlighted as ways to guide the fourth Industrial Revolution in a direction that works for the global economy.
Read the speech in full here.
