meta_pixel
Tapesearch Logo
Log in
TED Talks Daily

How we'll earn money in a future without jobs | Martin Ford

TED Talks Daily

TED

Ted Talks Daily, Society & Culture, Ted Talks, Ted Podcast, Ted

4.112.1K Ratings

🗓️ 26 October 2017

⏱️ 15 minutes

🧾️ Download transcript

Summary

Machines that can think, learn and adapt are coming -- and that could mean that we humans will end up with significant unemployment. What should we do about it? In a straightforward talk about a controversial idea, futurist Martin Ford makes the case for separating income from traditional work and instituting a universal basic income.



Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

This TED Talk features futurist Martin Ford recorded live at TED 2017.

0:07.0

I'm going to begin with a scary question.

0:10.0

Are we headed toward a future without jobs?

0:14.0

The remarkable progress that we're seeing in technologies like self-driving cars

0:18.0

has led to an explosion of interest in this question,

0:24.3

but because it's something that's been asked so many times in the past,

0:28.7

maybe what we should really be asking is whether this time is really different.

0:33.1

The fear that automation might displace workers and potentially lead to lots of unemployment

0:35.2

goes back at a minimum 200 years to the Luddite revolts in England.

0:39.4

And since then, this concern has come up again and again.

0:42.6

I'm going to guess that most of you have probably never heard

0:45.7

of the Triple Revolution Report.

0:48.1

But this was a very prominent report.

0:50.5

It was put together by a brilliant group of people.

0:53.0

It actually included two Nobel laureates.

0:56.0

And this report was presented to the President of the United States,

0:59.0

and it argued that the US was on the brink of economic and social upheaval

1:04.0

because industrial automation was going to put millions of people out of work.

1:09.0

Now, that report was delivered to President Lyndon Johnson

1:12.3

in March of 1964.

1:15.0

So that's now over 50 years,

1:17.1

and of course, that hasn't really happened.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from TED, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of TED and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.