Folge 18: Carl Benedikt Frey, will digitization put all of us out of work?

Carl Benedikt Frey of Oxford University is one of the leading
economists analyzing the effects of digitization on labor markets.
Interviewed by Christoph Keese, Frey elaborates on one of the most
controversial issues in the current political debate: Will robots
and algorithms put us humans out of work? Or will digital
transformation create more jobs than it destroys? Carl Benedikt
walks us through empirical data and puts the heated political
debate into perspective. He is optimistic about the net employment
effects and expects human beings to continue working in the future.
But he also predicts significant pain and problems in adaption.
Many people will lose their jobs to machines without finding new
jobs or equivalent pay. Carl Benedikt makes the argument for wage
insurances protectting individuals against tech-driven losses of
income.