New Study Finds That Six Jobs Are Lost for Every Robot Added to the Workforce

New Study Finds That Six Jobs Are Lost for Every Robot Added to the Workforce

A new paper from the National Bureau of Economic Research presents sobering statistics that illustrate the impact automation is already having on the workforce, noting that each industrial robot introduced between 1990 and 2007 lead to the loss of 6.2 jobs. The Real Impact of Automation

Few subjects are quite as divisive right now as the potential impact of automation on employment. Some, like U.S. Treasury Secretary Steven Mnuchin , believe we needn’t be concerned, while others assert that we are already at the start of the biggest workforce upheaval since the Industrial Revolution. Click to View Full Infographic […]

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