Wide deployment of AI systems will up end the labor market and economy in ways we can barely yet imagine. Think of what someone from 1919 would think of Amazon, Facebook, or convenience stores.

Economists have been studying the relationship between technological change, productivity, and employment for a few centuries now.

Naturally, the rise of AI applications from driving cars to tumor detection in medical scans has now become a focus of their attention.

In September 2017, a group of distinguished economists gathered in Toronto to set out a research agenda for the Economics of Artificial Intelligence (AI). They covered questions such as what is economically unique about AI, what will be its impacts, and what are the right policies to enhance its benefits.

Recently, I was on the Workforce Show new segment “Breaking the AI Code” hosted by Swathi Young. Press the play button below to listen here or visit the show page.

Frank La Vigne works at Microsoft as an AI Technology Solutions Professional where he helps companies achieve more by getting the most out of their data with analytics and AI. He also co-hosts the DataDriven podcast. He blogs regularly at FranksWorld.com and you can watch him on his YouTube channel, “Frank’s World TV” (FranksWorld.TV). Frank has extensive experience as a software engineer. You can find him on Twitter at @tableteer

Robot restaurants are popping up all over downtown San Francisco, as a futuristic option for people to grab fast food for cheap. The latest example is Creator, a robotic restaurant that specializes in making gourmet hamburgers with their all-in-one burger robots. 350 sensors and 20 computers all work together to create the perfect burger.

While many will question the future of low skill jobs, the news may not be as dire as some would say and the cost savings comes from unexpected places.