Dan Sutter2 Economists think about jobs in a seemingly counterintuitive way. While noneconomists see job creation as a primary goal, economists view labor as a scarce resource to be conserved. This leads to differences of perspective on everything from government incentives to businesses to the impact of automation, including artificial intelligence (AI).
To understand the economic perspective, think about all the various things you want in life. A house or apartment to live in, food to eat, clothes to wear, and things to do for enjoyment. These things require tasks to be done. Houses must be built, clothes made, and […]
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