Capital investments occur when the cost of labor is greater than the cost of automation. The rate at which these investments occur is complex. Here is a short

Capital investments occur when the cost of labor is greater than the cost of automation. The rate at which these investments occur is complex. Here is a short example from the agricultural industry. https://ecommons.cornell.edu/bitstream/handle/1813/44561/Manager%20July%202016%2010%2C11.pdf?sequence=2&isAllowed=y https://ecommons.cornell.edu/bitstream/handle/1813/44561/Man...