Just last year, I wrote about how automation in manufacturing would create more, better paying jobs. But two leading economists have examined real-world data and concluded that the robots may be winning after all. Is it true?
Last year’s hopes
Last year I wrote about artificial intelligence (AI) and the potential loss of American jobs. At the time, I thought; “Yes, people will lose jobs — that is inevitable. Automation, however, will create many more.”Automation would create leaner, more efficient operations. Efficiency facilitates new market opportunities and business growth, which in turn would allow for expansion and job creation.It […]
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