Bangladesh, Nov. 20 -- At the dawn of the 21st century, we are caught in the dichotomy between the disastrous and benign effects of artificially intelligent machines-robots. One group has been raising the alarm of the destructive effects of robotics on jobs. It is being argued that the ongoing advances in AI (artificial intelligence) and robotics will spell the end of work by humans. On the other hand, many economists claim that the technological revolution in the past has eventually increased the demand for labour and wages, so, there is no reason to be too worried.
Only the future can unfold the truth. However, it's certain that technology advancement will have both displacement and reinstatement effects on jobs, transforming the labour ...