The International Bar Association has produced a report on the anticipated fate of human workers in the context of automation across sectors and has pointed out that existing regulation will not be fit for purpose in the age of AI (which is almost upon us). New regulation will be needed to protect human roles, to ensure a human touch remains within teams of robots and to handle liability where robots take charge. They envisage the loss of human roles at many levels and perceive a risk of a growing wealth divide between those in roles which automation cannot reach and those where it can take over. Again, some of this may ignore the likely creation of new roles for humans, but it reinforces the fact that planning is required in advance of these possible developments.
The gap between economic reality in the self-employed ‘gig economy’ and existing legal frameworks is already growing, the lawyers note. The new information economy is likely to result in more monopolies and a greater income gap between rich and poor because “many people will end up unemployed, whereas highly qualified, creative and ambitious professionals will increase their wealth.”