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Automation Is the Next Phase of the Collaborative Economy

Is automation the next phase of the collaborative economy?  #IoT

  • In summary, Uber, Lyft are ushering in self-driving cars and a wave of automation that will cascade across the broader ecosystem as humans are augmented then often replaced by robotic systems.
  • In the next phase, the Autonomous World, robots will augment and replace humans, and they will serve humans.
  • Pingback: Automation Is the Next Phase of the Collaborative Economy | Mind Your Biz ()
  • The transition from traditional business models to the Collaborative Economy and ultimately to the Autonomous World is already creating ripples throughout the world.
  • Filed under: Autonomous World , Collaborative Economy

This may come as a shocker to many, but in the next few years, the peer-based sharing/collaborative economy will shift to automation.

@iotconsortium: Is automation the next phase of the collaborative economy? #IoT

This may come as a shocker to many, but in the next few years, the peer-based sharing/collaborative economy will shift to automation.

These innovations are now spawning new energy supplies and technology, the Internet of Things, advanced manufacturing and 3D printing, and societies that live longer — all of which are quickly altering expectations about the future.

The next turn is likely to produce robots and autonomous transport, AI, and breakthroughs in advanced materials and biotechnology. These represent a new frontier that may only be a few years on the horizon. WEF posits that the world could look fundamentally different by 2020.

Let’s indicate how timely this is, and how it lines up with what we see.

Only some, not all, humans will be able to upskill, unlike other social economic revolutions. Humans could grasp industrial revolution roles as we shifted out of agriculture because they were taught single repetitive jobs. The challenge now is that robots will always learn faster than humans, as they are networked and can process faster and work at an accelerated pace.

The impetus to push for universal basic income is at hand. The experiments are happening in Finland, Oakland and more, proposing such a policy would provide every human — regardless of age, gender, educational attainment, or intelligence — with a guaranteed living wage to cover basic needs: food, shelter, and clothes. For anything else they want, they will have to earn it. The companies that own and/or profit from these technologies should be taxed to cover this societal benefit. The robots should not only provide more resources to the planet for cheaper, but they should also fund a quality life for others.

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Automation Is the Next Phase of the Collaborative Economy