"In economics, the majority is always wrong."
~ JK Galbraith
One of the unfortunate gifts of the current, star-crossed administration is that there's something for everyone that will get their knickers in a twist. If immigration or climate change isn't your thing, just wait a few days, and some administration official will come out with a statement that lands somewhere in the space between spectacularly ignorant or merely deeply ill-considered. My latest opportunity to double-take arrived a few days ago, when Secretary of the Treasury (and Goldman Sachs alum) Steven Mnuchin opined that the threat of artificial intelligence to employment is "not even on my radar screen".
To be fair, the clip is brief enough that it is difficult to conclude whether or not Mnuchin knows what he is talking about. Too often when we talk about technology we fixate on one aspect of it, and intend (although not always) that this aspect stands in for the entirety of the technological phenomenon. These days, favored metonymies are ‘AI', along with ‘robots' and ‘algorithms'. Keeping this in mind while listening to the Mnuchin clip, it's unclear what he actually means when referring to AI. Although I suspect he's talking about the holy grail of AI, which is artificial general intelligence, or an AI that is indistinguishable from human intelligence.
If that is the case, then he did a disservice to the question, which was about the impact of AI on employment. Or, if you'll allow me to pluck out the metaphor, the impact of technology on employment, which is much more amorphous. Mnuchin's dodge was to say that, since we won't have human-equivalent AI for the foreseeable future, it's something that's not worth thinking about, at least until it happens. Come to think of it, I've heard this dodge before, mostly from the mouths of climate change skeptics and deniers. In both cases, the purpose is to obfuscate and delay until the truly catastrophic comes to pass, then innocently maintain that "no one could have seen this coming" or some such nonsense.