With Technological Advancement Comes Easier Methods to Exploit
Despite all the promises of technological innovation, the proliferation of automated machines will harm financial prospects for working people in the following decades. According to Digital Trends , robots are likely to replace around five million jobs by 2020. Beyond the threat of job destruction, Massachusetts Institute of Technology researchers have found that the effect of creating one robot for every thousand workers is a decrease in wages by about 0.25–0.5 percent. As robots are continually engineered to be more efficient and productive than humans, their work is valued at lower […]
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