Joseph Stiglitz: education effort on post-war scale needed for AI
Nobel laureate warns of greater inequality and ‘new era of fascism’ if AI impact on work not ‘managed’

September 14, 2018

By John Morgan

Major public investment in higher and other levels of education akin to the US’ investment after the Second World War is essential to help “manage” the rise of AI, which could otherwise bring a “new era of fascism”, according to economist and Nobel laureate Joseph Stiglitz.

The Columbia University professor delivered a lecture as part of the Royal Society’s ‘You and AI’ series, in which he said a key issue was AI’s potential to bring a further rise in inequality by making some jobs obsolete.

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https://www.timeshighereducation.com/news/joseph-stiglitz-education-effort-post-war-scale-needed-ai