Edward Hudgins: Don’t Fight the Future of Labor
Heartland Institute director of research Edward Hudgins talks about robots, artificial intelligence, and the future of working, in this episode of the Budget & Tax News podcast.
In this episode of the weekly Budget & Tax News podcast, research fellow Jesse Hathaway talks with Heartland Institute director of research Edward Hudgins about the fantastic future of what work could look like in the future, and government’s fight against technological advances.
Lawmakers across the world are fighting technological marvels, such as robots and artificial intelligences, saying more regulations and more laws are needed to protect workers and consumers, Hudgins says. Instead of fighting the future, he says, government should embrace change.
Technology has benefited consumers and workers in so many amazing ways, Hudgins says, allowing more people to do more and have more, at less cost. Trying to preserve the past is a losing battle, he says, and government protectionism only serves to make living more expensive and less prosperous for everyone.
Artificial intelligence and robots will not replace people, Hudgin says, but will be our companions, allowing people to make better, more accurate choices. As technology replaces manual labor, he says, workers will need better education, but there will always be a place for those who wish to work with their hands, if they so choose.
The future is bright, Hudgin says, but only if we use free-market principles to guide us through the temporary uncertainty.