Prioritizing Well-Being in Age of AI

Prioritizing Well-Being in Age of AI

In an epic event at the European Parliament, IEEE, one of UNIs cooperation partners gathered MEPs and experts to discuss well-being in the age of AI. UNIs Christina Colclough addressed the floor

What you measure matters

For many years, Gross Domestic Product (GDP) has been used by economists and politicians as a measure of a society's overall economic and social health. The basic premise being that when GDP rises, so does citizen happiness and well-being.

Yet more and more people and organisations realise that whilst GDP measures growth and income, it far from encompasses factors like the environment, social well-being, health and happiness.

In this current time of disruption, rapid automation and the advancement of new technologies such as artificial intelligence, politicians and civil society are calling for better, more holistic and inclusive measures of a country's overlal health.

The OECD's Better Life index does just that.

 

Well-being in the age of artificial intelligence

UNIs Christina Colclough represented the workers' perspective as she addressed the floor on the major disruptions and displacements we expect ahead of us. Warning against politician's and commentators celebration of rises in employment figures, she commented:

Let’s stop talking about how many jobs may be lost and how many jobs may be created. I don’t really care how many jobs are created if they are bad jobs, if they are precarious work or if they are paid under the living wage. That is nothing we should celebrate.

UNI welcomes the call for a broader measure of societal well-being. As income and wealth inequality is on the rise, as more and more people are forced into precarious work, and as more and more workers become disenfranchised with no social protection, it is about time we nuance our measures for successful growth.

Read the report of the event here