HELLO ROBOTS. GOODBYE JOBS?

Updated: May 4, 2018

Have you ever had your mind blown for 48 consecutive hours in a row?

C Minds had the incredible opportunity of taking part in one of the world’s most inspiring events created by one of the world’s most disruptive organizations. The Singularity University Mexico Summit took place during the 8th and 9th of November in the Mexican city of Puerto Vallarta. One of the first talks was given by Anousheh Ansari from Telecom Technologies, who proved to all of us that our childhood dreams should not be given up on and that the sky’s the limit! As a little girl in Iran, she dreamed of reaching the stars. Years later, she’d become the first female space tourist. Other amazing speakers included Tiffany Vora from Singularity University who had us on the edge of our seats telling us about the current, yet very futuristic state of gene editing as well as Andrew Fursman from 1QBit who left us all feeling somewhat uneasy after his talk on Quantum Computing, which not only made us rethink the sustainability of our entire digital systems but also had us wonder if, maybe, we were living in the matrix.


All the talks were centered around the main topic of disruptive innovation. Unlike incremental innovation, which is about making things better and faster, disruptive innovation is a game changer. Disruptive innovation happens with exponential technologies, which Peter Diamandis, one of the founders of the NASA-based organization, defines as those that will take us from scarcity to abundance.


Did you know that the percent of the world population living in extreme poverty dropped from over 90% in the 1820s to just above 10% in 2016? Technology has had a huge role in that drastic, inspiring change.



We went to the event with a few questions in mind. One of the main ones: are our jobs truly at risk? Will we be replaced by robots? Surely, we got answers.


Let’s start by looking at the data surrounding the automation of jobs and activities. How are the most industrialized countries in the world doing? They’re actually leading the polls with the lowest unemployment rates. Looking at Europe, the countries with the lowest unemployment rate predictions for 2016 were Austria (5.7%), Germany (6.4%) and the Netherlands (6.5), all some of Europe’s most industrialized and technology-open nations. Greece, Spain and Cyprus, some of Europe’s least industrialized nations, however, were lagging behind with predicted unemployment rates of respectively 25.4%, 20.3% and 1