Automation is driving wage inequality in the US

Over the past 40 years, income inequality has been rising rapidly in several countries — especially in the US. While there are many factors contributing to this, one single variable, automation, accounts for over half of this increase. Cashierless, self-check-out systems are becoming increasingly popular. Image credits: Kgbo. If you’ve ever used a self-checkout service at a supermarket, you’ve probably noticed that you’re not really faster than a clerk. You’re probably not saving any time, and you’re not really any better off than with a human clerk. The only party benefiting from this is the store, which saves money […]

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