Robots and other forms of automation will massively hurt the U.S. workforce. That’s what I typically read in some of the more pessimistic headlines and what I just read in a study of Industry 4.0 that I wrote about here , but is it true? That blanket statement isn’t new and has been a dire prediction since robotics and automation came into use in the 1980s.
The gloom-and-doom scenario has mostly proven to be a myth, given that the unemployment rate currently is at 3.8%. With 5% unemployment considered by economists to be full employment, it’s no wonder that manufacturers […]
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