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Technology and automation tends to create more jobs. As operational costs decrease, your end service or product becomes cheaper, so all your b2b or b2c custome
by wordpad 2y ago
Technology and automation tends to create more jobs.
As operational costs decrease, your end service or product becomes cheaper, so all your b2b or b2c customers can afford more of it which leads to more opportunities, doing things which were cost prohibitive before.
Some of those things may too require manual labor.
- shinycode 2y agoThere is a threshold between the number of lost jobs and the new ones that are created, more than that, the new opportunities are not necessarily for the people who lost a job and are not qualified which does not change this social problem that might be created.