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"Job insecurity is a central theme of the 2016 campaign, fueling popular anger about trade deals and immigration. But economists warn that much bigger job losse
by crdoconnor 10y ago
"Job insecurity is a central theme of the 2016 campaign, fueling popular anger about trade deals and immigration. But economists warn that much bigger job losses are ahead in the United States — driven not by foreign competition but by advancing technology."
Technology in and of itself destroys and creates jobs and it will keep doing so until all human wants and needs are satisfied (i.e. never). While automation of manual farm work in the 19th/20th century eliminated farming jobs - which accounted for a huge majority of jobs; it didn't eliminate jobs.
The main thrust of this argument isn't even This Time It's Different, because reasons, it's just "pay no attention to the history of automation".
Why would David Ignatius lie about this? Because the popular anger about trade deals isn't misplaced at all. It's absolutely accurate. That is what is driving job losses, income losses and poverty - not technology.
The rhetoric from 'elite' economists about the robotjobpocaplyse is simply an instance of the 1% trying to dodge pitchforks.