Michael Spence Quotes

A new era of production has begun. It's principles of organization are as different from those of the industrial era as those of the industrial era were different from the agricultural. The cybernation revolution has been brought about by the combination of the computer and the self-regulating machine. This results in a system of almost unlimited capacity which requires progressively less human labor. Cybernation is already reorganizing the economic and social system to meet its own needs .... As machines take over production from men, they absorb an increasing proportion of resources while men who are displaced become dependent on minimal and unrelated [to their work] governmental measures—unemployment insurance, social security, welfare payments.

The combination of human skills with technology will always be at the root of any solution to the future of making clothes.

Whether you're looking at manufacturing and the use of robotics or the knowledge industries, they need computer programmers.

Technology is the future, I have seen the third industrial revolution, and we are in the midst of the fourth industrial revolution.

Some countries were able to turn their manufacturing operations into advanced technology areas. South Korea is a great example of this, and manufacturing there is done using advanced technological methods.

Factories not what they used to be - they're all extremely high-tech.

With the way everything's going now and the way that technology is going, you can do a lot of things with a lot of different new materials.

The factory of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment.

I have always hated machinery, and the only machine I ever understood was a wheelbarrow, and that but imperfectly.

Intelligence is the faculty of making artificial objects, especially tools to make tools.

In the twenty-first century, the robot will take the place which slave labor occupied in ancient civilization.

In the 20th century, we had a century where at the beginning of the century, most of the world was agricultural and industry was very primitive. At the end of that century, we had men in orbit, we had been to the moon, we had people with cell phones and colour televisions and the Internet and amazing medical technology of all kinds.

Most of the jobs that are going from the United States are not going to other countries; they are going to machines.

R.U.R. (Rossum's Universal Robots)

I think AI is the new electricity. Whatever industry you work in, AI will probably transform it, just as 100 years ago the rise of electricity transformed industry after industry—everything from transportation and communications to manufacturing to health care.

I've been to so many manufacturing plants. I've yet to walk into one where I did not think AI solutions wouldn't help.

If manufacturing jobs do come back to the U.S., they will be done by robots in hi-tech parts of the country rather than the Rust Belt states.

We're making this analogy that AI is the new electricity. Electricity transformed industries: agriculture, transportation, communication, manufacturing.

I think the next massive wave of value creation will be when you can get a manufacturing company or agriculture devices company or a health care company to develop dozens of AI solutions to help their businesses.

We're living through the second Industrial Revolution.

Over a long period of time, technological change is something that has been important in reducing manufacturing employment - absolutely and as a share of jobs in the economy.

A 'reptilian revolution' has the potential to reshape manufacturing. The 'snakebots' being developed at Carnegie Mellon University aren't just useful for surgical or search-and-rescue purposes. They could also usher in a new, more customized era of mass production.

As a technologist, I see how AI and the fourth industrial revolution will impact every aspect of people's lives.

As for ourselves, we love our machines.

AI will impact every industry on Earth, including manufacturing, agriculture, health care, and more.