Automation does not cause unemployment

Lump of Labour fallacy. If employees are more productive then a company will hire more, as more workers will be worth more than the cost of having them there.

It is incredibly difficult to predict new jobs. When the World Wide Web was founded, we didn’t realise there would be jobs in the Mobile App Development service because of it, or search engine optimisers, or the many magnitude of jobs created. It is probable many jobs we see to day may be rendered null, who knows the magnitude of the jobs created. If we go by historic standards, it always […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.