Technology has long been a double-edged sword when it comes to employment, with advancements leading to both job losses and creations. A comprehensive study by MIT economist David Autor and his team has shed new light on the impact of technology on the American labor force since 1940. Their findings reveal that since the 1980s, technology has tended to replace more jobs than it has added, altering the employment landscape in ways previously unquantified. The meticulous study, anchored in an analysis of 35,000 U.S. Census job categories and a century’s worth of patent data, offers an unprecedented view into […]
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