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Business Daily

A robot future and how to handle it

Business Daily

BBC

News, Business

4.4796 Ratings

🗓️ 18 February 2020

⏱️ 19 minutes

🧾️ Download transcript

Summary

What will happen to our working lives when the robots take over? Daniel Susskind, an economist at Oxford University, discusses his new book A World Without Work. He talks to Ed Butler about the effects on employment, the link between automation and inequality, and whether something like a universal basic income could be a solution.

(Photo: A humanoid robot on display at a trade fair in 2018, Credit: Getty Images)

Transcript

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0:00.0

Hello there, I'm Ed Butler and welcome to Business Daily from the BBC World Service.

0:05.8

Today we're looking at the rise of the robots, what they'll do to our jobs,

0:10.3

and how we may wish to handle work in the years ahead.

0:14.3

Many of us think that the work that others do says something about them,

0:17.4

that work is not simply a source of income, but also of meaning and purpose. And so

0:22.1

the challenge of a world with less work isn't just the economic one, but also how do we share

0:26.9

out meaning and identity and purpose? An automated future and how to handle it. Business Daily from

0:32.4

the BBC. Now we have looked a few times on this show at the problems of automation.

0:41.2

How our jobs and livelihoods could soon be under threat.

0:47.8

Human-like robots can now do things we mere mortals used to do.

0:52.5

So we're going to introduce you to Pepper our four-foot-tall humanoid robot.

0:56.2

Which product are you interested in?

0:58.4

Tap one of the icons on the screen or ask me about it.

1:01.8

Are these robots coming for your job?

1:06.0

We've always had concern about technological unemployment and mechanization.

1:10.5

In terms of the effect on

1:12.8

unemployment, you get sort of short-term dislocations and gradually people I think generally have proved

1:18.8

to be adaptive. This is one of the first places in China where machines could replace workers

1:27.4

entirely over the next

1:29.1

few years. These are their plans for a fully automated warehouse. Even the vans would load

1:35.1

themselves and self-driving vehicles we know about. Some moments from previous BBC business programmes there.

1:45.5

Well, now a major new book has come out to reflect on our doubtful economic future in the age of the robot.

...

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