Governments Need an Answer to Automation

Governments Need an Answer to Automation

Countries without social safety nets face a serious risk as technology replaces jobs

(Nic Laube) In the lead up to the 2016 presidential election, when then-candidate Donald Trump toured the Rust Belt—the region of the United States most economically dependent on manufacturing and coal—he told citizens there that immigrants and regulation were taking away their jobs. He was wrong. Robots and energy yields were largely to blame.

Jobs that are primarily accessible to high school educated citizens are vanishing due to automation. In some respects, this is a good thing. Some products will become cheaper, less humans will be at […]

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