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Yes, automation is nothing new and we're all still working. It changes the jobs and then typically the company can use the gain to expand and so needs to hire m
by altacc 4y ago
Yes, automation is nothing new and we're all still working. It changes the jobs and then typically the company can use the gain to expand and so needs to hire more.
- pixl97 4y ago>and we're all still working Because governments attempt to maximize 'job creation' via a number of methods including tax benefits to businesses. Businesses don't really give a shit about unemployment unless it is too low, they benefit from low wages when it is high. When unemployment is too high the government risks getting burned to the ground by angry mobs with pitchforks and tends to optimize around preventing that.