03/07/2014 12:04 pm ET Updated Feb 04, 2015

Intelligent Machines, Displaced Workers

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Laura Tyson, a former chair of the U.S. President's Council of Economic Advisers, is a professor at the Haas School of Business at the University of California, Berkeley.

During the last three decades, even before breakthroughs in artificial intelligence, computers have been replacing and multiplying the physical labor of human beings. Improvements in computer and communications technologies have also enabled employers to offshore many routine tasks that machines cannot directly replace.

Read more at Project Syndicate.