« All Episodes: Gigaom AI Minute – January 8

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The assembly line was a kind of artificial intelligence. To a craftsperson, this new way to make things must have been terrifying. It made stuff better and faster and cheaper. Henry Ford could make a Model T in 93 minutes. And since he ran 30 lines side by side, a new Model T was created every 3 minutes. And yet, during this time, wages rose. Unemployment never budged. Cheap cars made entirely new industries. Caf├ęs and hotels, highway building and maintenance, car insurance, financing and all the rest. AI will be no different than this.