The argument over the impact of continuing technological advances on labor markets has been around at least since the Industrial Revolution introduced steam power and mechanization to the world. Overall it’s pretty hard to argue that technology has made the world worse, even if its benefits have been mixed.
The current terms of the argument include people who think that the displacement of human workers by automation is either very close at hand or very far in the future.
Economists Daron Acemoglu and Pascual Restrepo recently studied the impact of rising industrial robot usage and found that each new robot reduced […]
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