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Or that robots are taking jobs at the same rate humans are leaving the workforce. Baby boomers are retiring and automation is increasing, so if they're at the s
by freehunter 10y ago
Or that robots are taking jobs at the same rate humans are leaving the workforce. Baby boomers are retiring and automation is increasing, so if they're at the same rate, unemployment wouldn't necessarily go up.
However the more likely answer is that the measurement is wrong.
- zzalpha 10y agoActually, in that case you'd still see an increase in productivity (e.g. GDP / hours worked) as workforce participation declines while GDP remains static.