Chip Somodevilla/Getty Images Republicans argue that the lower taxes for corporations and wealthy individuals promised in the tax bill currently before Congress will result in new investment in businesses and more jobs. But in the age of artificial intelligence and automation, trickle-down economics won’t create employment. What corporations and the US economy at large need most in this emerging era is not more free cash, but a new approach to machine-assisted human productivity and purpose.
Corporations don’t invest in human labor if the same investment in technology, particularly in software, will yield greater productivity. History shows that when given the […]
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