Changing-Pie Effect and New Industries

In the future, we may face ‘structural’ technological unemployment in the labour market – where there is no longer enough work to occupy the human workforce. This lecture explains how such a phenomenon is possible at all, particularly given that repeated bouts of automation anxiety in the past have turned out to be wrong. Understanding this challenge is critical given recent claims by the leaders of the large technology companies – that they hope to build an AI that can outperform human beings at every economically useful task, within a decade. 

This lecture was recorded by Daniel Susskind on the 20th of April 2026 at Bernard’s Inn Hall, London

Dr Daniel Susskind is a writer and economist. He explores the impact of technology, and particularly AI, on work and society. He is a Research Professor at King’s College London, a Senior Research Associate at the Institute for Ethics in AI at Oxford University, a Digital Fellow at the Stanford Digital Economy Lab, and an Associate Member of the Economics Department at Oxford University. 

His new book, Growth: A Reckoning (2024), was chosen by President Obama as one of his ‘Favourite Books of 2024’ and was a runner-up for the Financial Times Business Book of the Year 2024. He is also the author of A World Without Work (2020), described by The New York Times as "required reading for any potential presidential candidate thinking about the economy of the future” and a runner-up for the Financial Times Business Book of the Year 2020, and co-author of the best-selling book, The Future of the Professions (2015). His TED Talk, on the future of work, has been viewed more than 1.6 million times. He is currently working on his next book, What Should Our Children Do? How to Flourish in the Age of AI. 

Previously he worked in various roles in the British Government – in the Prime Minister’s Strategy Unit, in the Policy Unit in 10 Downing Street, and in the Cabinet Office. He was a Kennedy Scholar at Harvard University

The transcript of the lecture is available from the Gresham College website: https://www.gresham.ac.uk/watch-now/world-without-work

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