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They toll not, neither do they spin

By Robert Ireland in Hong Kong | China Daily | Updated: 2019-07-20 10:48
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A 2017 poll by Pew Research says 72 percent of people surveyed confessed fears about losing their jobs to automation. [Photo provided to China Daily]

A 2017 poll by Pew Research tells us, 72 percent of people surveyed confessed fears about losing their jobs to automation.

There is a counter weight to this so-called Luddite fallacy that technology will kill jobs - just like the Luddites of the First Industrial Revolution who went around smashing machinery that was going to put them out of work.

Tomas Laurenzo believes, however, that the post-capitalist world will be a great equalizer. Algorithms - mathematical procedures for solving problems - will make the decision.

"You know, now it's more fair because, it's not a person who's gonna make a decision if you are given the loan by the bank it's an algorithm. So it's the very same for everybody."

Professor Henry Lau, associate dean of Engineering (Innovation), at Hong Kong University, creates virtual systems used in industrial training. He sees the coming of virtual reality as a creative renaissance.

"We definitely see that the nature of people's involvement in daily life will change not on labor, but actually on enjoyment and the quality of life. For example, if you look at, healthcare using VR, (giving mobility) for people who may not have a lot of mobility, staying in hospital. We could live in a virtual world as a writer, as an artist, or another urban designer to contribute their skills."

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