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As someone who develops automation software for the capital markets industry its too early to state what the impact will be on jobs. For sure what I have perso
by monkeydust 5y ago
As someone who develops automation software for the capital markets industry its too early to state what the impact will be on jobs.
For sure what I have personally seen is backed by this article in that automation has not resulted on job losses.
It has however resulted in task losses - meaning tasks that humans would do are being done done by software autonomously - this has freed up time and the theory is this time is then deployed to more valuable tasks.
In my mind the jury is out how this is really working out but if the gain is shift from work -> leisure time without impact on growth then I also see that as a win but as we know the distribution of these gains is far from even across society which is a growing problem.