Automation And The German Underwear Effect

Automation And The German Underwear Effect

Image for representation purposes only. May or many not be German and may or may not be underwear! All talk of technology resulting in job losses is fine, but there’s more to the issue than is being written about.

Automation promotes scale, and in turn creates demand for that scale. Hence, there is a possibility of job creation as well. But spare yourself the burden of loss prediction; it’s not worth it.

I have many friends that love technology. So naturally my Facebook timeline keeps serving me articles on machines taking over all the jobs in the world. […]

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