Could Automation Actually Create More Jobs Than It Destroys?

Could Automation Actually Create More Jobs Than It Destroys?

The short answer is yes, by creating more demand through growth in those fields where automation enhances human capabilities, not just replaces them. But with the added proviso, ‘eventually.’
The question is whether society is willing to invest in programs that ease the transition and thus improve the short term economics. JL

The Economist reports : Rather than destroying jobs, automation redefines them in ways that boost demand. Employment grew faster in occupations ( graphic design) that made more use of computers: as automation sped up a job, workers do the other parts better. More computer-intensive jobs displaced less […]

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