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I do not believe we are at a special tipping point in this history of automation in the economy. Automation has been removing certain jobs from the economy for
by wuliwong 8y ago
I do not believe we are at a special tipping point in this history of automation in the economy. Automation has been removing certain jobs from the economy for thousands of years. All-in-all (certainly in the 20-21st century in the US at least) unemployment has ebbed and flowed. When automation occurs in an industry it generally allows for greater production and cheaper products which raises the standard of living of everyone. There are many new jobs that exist today that didn't exist 100 years ago or at least were in very small number. Here's a nice podcast on the topic https://itunes.apple.com/us/podcast/episode-3-i-want-the-robots-to-take-our-jobs/id1391496388?i=1000412887835&mt=2 https://itunes.apple.com/us/podcast/episode-3-i-want-the-rob... :)