Since the beginning of large-scale industrialization, automation has led to massive, widespread job losses. Whole cities like Detroit fell victim to this when the car industry replaced large numbers of humans with robots. Today, many of the hardest-hit places are barely a shadow of their bustling and blossoming past selves.
Adding robots to the economy displaces workers. A study from the University of Chicago found that adding just one machine per 1,000 workers to the economy causes the employment rate to decrease by at least 0.18 percent. This may not sound like much, but in a country the size of […]
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