Future Economics Quotes

“Like the story of the steam drill against John Henry, the machine will be victorious because it doesn’t get tired and keeps on going long after a human worker will have dropped dead from exhaustion. The modern-day steam drill is likely to be an AI system, and John Henry is played by the planner, doctor, analyst, stockbroker or accountant who believes that they can process more data and crunch more numbers than the new machine overlords. They can’t.”
― Sean A. Culey, Transition Point: From Steam to the Singularity