Automation is commonly thought of as an attempt by rich companies to get richer. Instead, it’s often an effort to cut costs when the future of the economy looks bleak. Take, for example, the economic slump of the 1950s . Though 13 million jobs were ultimately destroyed during the decade, an astounding 20 million new ones were created — thanks, in large part, to technological advancements such as automation .
With visions of the next recession already clouding the horizon for many Americans, we can bet on a sweeping wave of automation technology to shake up the workforce once again. […]
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