Automation Won’t Create New Jobs Causes & Consequences

C O N T E N T S:

KEY TOPICS In any case, automation has never led to fewer jobs in the economy in the past and never will in the future, for the simple reason that automation lowers prices which increases demand for goods and services, which in turn creates jobs.” (More…)

POSSIBLY USEFUL Their positional value as premium workers has eroded, which affects demand for their services, and also their job satisfaction. (i.e. the closer a worker’s pay is to minimum wage, the less satisfied they are with their pay, even if the reason for the […]

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