Re:More Robots, Fewer Jobs: capital vs. labor in production
by robotresearcher on Monday May 08, 2017 @01:02PM
(#14293432)
This seems to be a popular concern right now. But consider that right now we have:
1. Employment very near record highs.
2. More automation than ever before.
Automation has been increasing monotonically since the Industrial Revolution. Employment levels go up and down, but have been very low, particularly in the US, for the last hundred years.
Maybe something very new is happening. But it usually isn't.
1. Employment very near record highs.
2. More automation than ever before.
Automation has been increasing monotonically since the Industrial Revolution. Employment levels go up and down, but have been very low, particularly in the US, for the last hundred years.
Maybe something very new is happening. But it usually isn't.