People at the very top of the income scale also benefited from globalization and automation. But the income of working- and middle-class people in the developed world has stagnated. Moshe Vardi More Quotes by Moshe Vardi More Quotes From Moshe Vardi In economics, it is easier to agree on the data than to agree on causality. Moshe Vardi than agree economics data It is easy to underestimate in advance the impact of globalization and automation - I have done it myself. Moshe Vardi myself globalization done easy The stabilizing influence of the modern social welfare state emerged only after World War II, nearly 200 years on from the 18th-century beginnings of the Industrial Revolution. Moshe Vardi industrial-revolution war world years Automation will significantly change many people's lives in ways that may be painful and enduring. Moshe Vardi will painful change people Everything that humans can do a machine can do. Moshe Vardi machine everything humans In 2017, there was a sudden recognition of several adverse societal consequences of information technology, from job losses due to automation to manipulation of public opinion, with significant political consequences. Moshe Vardi job opinion political technology We will hear more regrets from founders of tech companies about the addictive technologies they have launched. Moshe Vardi regrets hear more will If I had my wish, I would wave a wand and make MOOCs disappear. Moshe Vardi make disappear wave wish Recognition by one's peers is the goal of every scientist. Moshe Vardi every recognition peers goal Getting elected to the National Academy of Sciences is the ultimate peer recognition. Moshe Vardi national getting recognition ultimate I believe that society needs to confront this question before it is upon us: If machines are capable of doing almost any work humans can do, what will humans do? Moshe Vardi doing society work believe I believe that work is essential to human well-being. Moshe Vardi well-being i-believe work believe The impact of technology on labor has become clearer and clearer by the day. Moshe Vardi become day impact technology What people are now realizing is that this formula that technology destroys jobs and creates jobs, even if it's basically true, it's too simplistic. Moshe Vardi true now technology people The hope is that we'll continue to create jobs for the vast majority of people. But if the situation arises that this is less and less the case, then we need to rethink, how do we make sure that everybody can make a living? Moshe Vardi need situation hope people Are we prepared for an economy in which 50 percent of people aren't working? Moshe Vardi working percent economy people Twice a week, a truck comes near my house, and two guys get out and pick up the garbage. This will disappear. There will still be a truck coming, but it will be driven autonomously, and the garbage will be picked up autonomously, and those jobs will be gone. Moshe Vardi will truck garbage house Are machines getting more and more powerful? Absolutely. It's been going on since 1940. We are making progress, and for many people, it will be a lifesaver. Moshe Vardi will progress powerful people Offshoring is like the winter. You don't ask if it is good or bad - you ask what do you do about it. The answer is you dress warmly. Moshe Vardi dress good you winter You can now eat bananas from Chile; you couldn't do it before you had air shipping. Now, communication technology enables the shipping of labor. Moshe Vardi eat you communication technology
