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=== Social === ==== Jobs ==== Since the invention of the wheel, technologies have helped increase humans' economic output. Past automation has both substituted and complemented labor; machines replaced humans at some lower-paying jobs (for example in agriculture), but this was compensated by the creation of new, higher-paying jobs.<ref>{{cite journal|last=Autor|first=D. H.|year=2015|title=Why Are There Still So Many Jobs? The History and Future of Workplace|journal=Journal of Economic Perspectives|volume=29|number=3|pages=3β30|doi=10.1257/jep.29.3.3 |url=https://economics.mit.edu/files/11563|archive-url=https://web.archive.org/web/20220901060615/http://economics.mit.edu/files/11563 |archive-date=1 September 2022 |doi-access=free|hdl=1721.1/109476|hdl-access=free}}</ref> Studies have found that computers did not create significant net [[technological unemployment]].<ref>{{Cite journal |last=Bessen |first=J. E. |date=3 October 2016 |title=How Computer Automation Affects Occupations: Technology, Jobs, and Skills |journal=Economic Perspectives on Employment & Labor Law EJournal. |volume=15{{hyphen}}49 |location=Rochester, NY |doi=10.2139/ssrn.2690435 |ssrn=2690435 |s2cid=29968989 |url=https://scholarship.law.bu.edu/faculty_scholarship/813 |access-date=20 January 2024 |archive-date=10 March 2024 |archive-url=https://web.archive.org/web/20240310050823/https://scholarship.law.bu.edu/faculty_scholarship/813/ |url-status=live |url-access=subscription }}</ref> Due to [[artificial intelligence]] being far more capable than computers, and still being in its infancy, it is not known whether it will follow the same trend; the question has been debated at length among economists and policymakers. A 2017 survey found no clear consensus among economists on whether AI would increase long-term unemployment.<ref>{{Cite web |date=30 June 2017 |title=Robots and Artificial Intelligence |url=https://www.igmchicago.org/surveys/robots-and-artificial-intelligence/ |access-date=17 September 2022 |website=igmchicago.org |publisher=[[Initiative on Global Markets]] |archive-date=20 September 2022 |archive-url=https://web.archive.org/web/20220920171212/https://www.igmchicago.org/surveys/robots-and-artificial-intelligence/ |url-status=live }}</ref> According to the [[World Economic Forum]]'s "The Future of Jobs Report 2020", AI is predicted to replace 85 million jobs worldwide, and create 97 million new jobs by 2025.<ref>{{Cite web |date=October 2020 |title=The Future of Jobs Report 2020 |url=https://www3.weforum.org/docs/WEF_Future_of_Jobs_2020.pdf |access-date=16 January 2022 |website=www3.weforum.org |archive-date=15 January 2023 |archive-url=https://web.archive.org/web/20230115173909/https://www3.weforum.org/docs/WEF_Future_of_Jobs_2020.pdf |url-status=live }}</ref><ref>{{Cite web |title=Robots and AI Taking Over Jobs: What to Know {{!}} Built In |url=https://builtin.com/artificial-intelligence/ai-replacing-jobs-creating-jobs |access-date=16 January 2023 |website=builtin.com |archive-date=16 January 2023 |archive-url=https://web.archive.org/web/20230116171804/https://builtin.com/artificial-intelligence/ai-replacing-jobs-creating-jobs |url-status=live }}</ref> From 1990 to 2007, a study in the U.S. by [[MIT]] economist [[Daron Acemoglu]] showed that an addition of one robot for every 1,000 workers decreased the [[employment-to-population ratio]] by 0.2%, or about 3.3 workers, and lowered wages by 0.42%.<ref>{{Cite web |title=How many jobs do robots really replace? |url=https://news.mit.edu/2020/how-many-jobs-robots-replace-0504 |access-date=16 January 2023 |website=MIT News {{!}} Massachusetts Institute of Technology |date=4 May 2020 |archive-date=16 January 2023 |archive-url=https://web.archive.org/web/20230116171803/https://news.mit.edu/2020/how-many-jobs-robots-replace-0504 |url-status=live }}</ref><ref>{{Cite journal |last1=Acemoglu |first1=Daron |last2=Restrepo |first2=Pascual |date=1 June 2020 |title=Robots and Jobs: Evidence from US Labor Markets |url=https://www.journals.uchicago.edu/doi/abs/10.1086/705716 |journal=Journal of Political Economy |volume=128 |issue=6 |pages=2188β2244 |doi=10.1086/705716 |hdl=1721.1/130324 |s2cid=7468879 |issn=0022-3808 |hdl-access=free |access-date=16 January 2023 |archive-date=16 January 2023 |archive-url=https://web.archive.org/web/20230116171811/https://www.journals.uchicago.edu/doi/abs/10.1086/705716 |url-status=live }}</ref> Concerns about technology replacing human labor however are long-lasting. As US president [[Lyndon Johnson]] said in 1964, "Technology is creating both new opportunities and new obligations for us, opportunity for greater productivity and progress; obligation to be sure that no workingman, no family must pay an unjust price for progress." upon signing the National Commission on Technology, Automation, and Economic Progress bill.<ref>{{Cite web |title=Remarks Upon Signing Bill Creating the National Commission on Technology, Automation, and Economic Progress. {{!}} The American Presidency Project |url=https://www.presidency.ucsb.edu/documents/remarks-upon-signing-bill-creating-the-national-commission-technology-automation-and |access-date=16 January 2023 |website=www.presidency.ucsb.edu |archive-date=16 January 2023 |archive-url=https://web.archive.org/web/20230116174700/https://www.presidency.ucsb.edu/documents/remarks-upon-signing-bill-creating-the-national-commission-technology-automation-and |url-status=live }}</ref><ref>{{Cite web |date=February 1966 |title=Technology and the American Economy |url=https://files.eric.ed.gov/fulltext/ED023803.pdf |access-date=16 January 2023 |website=files.eric.ed.gov |archive-date=16 January 2023 |archive-url=https://web.archive.org/web/20230116174655/https://files.eric.ed.gov/fulltext/ED023803.pdf |url-status=live }}</ref><ref>{{Cite web |title=If Robots Take Our Jobs, Will They Make It Up to Us? |url=https://www.chicagobooth.edu/review/if-robots-take-our-jobs-will-they-make-it-us |access-date=16 January 2023 |website=The University of Chicago Booth School of Business |archive-date=25 March 2023 |archive-url=https://web.archive.org/web/20230325132904/https://www.chicagobooth.edu/review/if-robots-take-our-jobs-will-they-make-it-us |url-status=live }}</ref><ref>{{Cite web |title=GovInfo |url=https://www.govinfo.gov/app/details/STATUTE-78/STATUTE-78-Pg462 |access-date=16 January 2023 |website=www.govinfo.gov n |archive-date=16 January 2023 |archive-url=https://web.archive.org/web/20230116174655/https://www.govinfo.gov/app/details/STATUTE-78/STATUTE-78-Pg462 |url-status=live }}</ref><ref>{{Cite web |date=1963 |title=H.R.11611 β An Act to establish a National Commission on Technology, Automation, and Economic Progress |url=https://www.congress.gov/bill/88th-congress/house-bill/11611/text |access-date=16 January 2023 |website=www.congress.gov |archive-date=16 January 2023 |archive-url=https://web.archive.org/web/20230116180845/https://www.congress.gov/bill/88th-congress/house-bill/11611/text |url-status=live }}</ref> ==== Security ==== With the growing reliance of technology, there have been security and privacy concerns along with it. Billions of people use different online payment methods, such as [[WeChat Pay]], [[PayPal]], [[Alipay]], and much more to help transfer money. Although security measures are placed, some criminals are able to bypass them.<ref name=":11">{{Cite web |last1=Rosenberg |first1=Elizabeth |author1-link=Elizabeth Rosenberg |last2=Harrell |first2=Peter E. |last3=Shiffman |first3=Gary M. |last4=Dorshimer |first4=Sam |date=2019 |title=Financial Technology and National Security |publisher=Center for a New American Security |url=https://www.jstor.org/stable/resrep20404 |access-date=19 January 2023 |archive-date=19 January 2023 |archive-url=https://web.archive.org/web/20230119140345/https://www.jstor.org/stable/resrep20404 |url-status=live }}</ref> In March 2022, North Korea used [[Blender.io]], a [[Cryptocurrency tumbler|mixer]] which helped them to hide their cryptocurrency exchanges, to launder over $20.5 million in cryptocurrency, from [[Axie Infinity]], and steal over $600 million worth of cryptocurrency from the game's owner. Because of this, the U.S. Treasury Department sanctioned Blender.io, which marked the first time it has taken action against a mixer, to try to crack down on North Korean hackers.<ref>{{Cite web |title=U.S. takes aim at North Korean crypto laundering |url=https://www.nbcnews.com/tech/crypto/us-takes-aim-north-korean-crypto-laundering-rcna27660 |access-date=19 January 2023 |website=NBC News |date=6 May 2022 |archive-date=19 January 2023 |archive-url=https://web.archive.org/web/20230119140345/https://www.nbcnews.com/tech/crypto/us-takes-aim-north-korean-crypto-laundering-rcna27660 |url-status=live }}</ref><ref>{{Cite web |title=U.S. ties North Korean hacker group to Axie Infinity crypto theft |url=https://www.nbcnews.com/tech/crypto/north-korea-lazarus-axie-infinity-crypto-theft-rcna24518 |access-date=19 January 2023 |website=NBC News |date=15 April 2022 |archive-date=19 January 2023 |archive-url=https://web.archive.org/web/20230119140346/https://www.nbcnews.com/tech/crypto/north-korea-lazarus-axie-infinity-crypto-theft-rcna24518 |url-status=live }}</ref> The privacy of cryptocurrency has been debated. Although many customers like the privacy of cryptocurrency, many also argue that it needs more transparency and stability.<ref name=":11" />
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