Should Automation Be Feared?

Should Automation Be Feared?

Does automation put people out of work?

Economists, politicians and union leaders have been asking this question for as long as I can remember. And it’s a legitimate concern.

Consider driverless vehicles.In the last 16 years, since the first DARPA Grand Challenge was held in the Mojave Desert, the race to develop a fully autonomous vehicle has been on.More than two dozen companies are working on it. The current leader is Alphabet’s Waymo, whose fleet of 600 vehicles has logged in more than 20 million miles. (Waymo stands for “a new way forward in mobility.”) And although we are not there […]

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