Developed countries like Japan, Switzerland, Germany, Korea, Canada, UK, and Sweden have shown that the threat posed by AI may be manageable despite many well-founded and widespread concerns. To protect workers, these countries have invested heavily in worker skills and apprenticeship training, provided incentives to companies so they will hire more workers rather than reduce their number, and implemented social policies geared towards assisting displaced workers. In addition, governments need to invest heavily in upgrading education curriculum and providing financial assistance to technical or vocational schools to allow them to adequately train young and old workers so they can acquire new skills within a relatively short period to make them employable again.
Throughout history, humans have always found ways to adapt, even when faced with extreme odds.
As the MIT report articulated: “Work has meaning and importance, for individuals and for society as a whole, that transcend the merely economic or financial. Work is a central human activity, critical to self-realization and social cohesion.”