Joe Atikian is the author of Industrial Shift: The Structure of the New World Economy.
The robots are not coming for our jobs. In 1915, the industrialist Lloyd Raymond Smith asked, “Can automobile frames be built without men?” The same question has been asked about entire industries. It never happened, even though automation has appeared in every workplace. And it didn’t merely appear. Factory labour got intensively more mechanized from the moment factories were born. The surprise was that factory employment kept growing for another 65 years, including the early computer era.
Computer technology intensified automation, but it also spawned […]