Jerry Kaplan: Do Labor-Saving Robots Spell Doom?

Jerry Kaplan: Do Labor-Saving Robots Spell Doom?

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The onslaught of automation that's replacing human workers -- from golf caddies to bank tellers -- may be putting us on a path to humanitarian crisis, says Jerry Kaplan, author of "Humans Need Not Apply." As technology grows and jobs become obsolete, income inequality and poverty could follow for millions of Americans. Economics correspondent Paul Solman reports. View the full story/transcript:

Futurist, Artificial Intelligence Expert, and Silicon Valley Entrepreneur

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Jerry Kaplan is a serial entrepreneur, technological innovator, bestselling author and futurist. He co-founded four Silicon Valley startup companies, two of which were publicly traded. His 1995 book "Startup: A Silicon Valley Adventure" was named one of the top 10 business books by Businessweek magazine. A frequent public speaker, Kaplan teaches philosophy, ethics, and the impact of artificial intelligence at Stanford University and is a fellow at the Stanford Center for Legal Informatics.