Return of the Luddites

Recent economic studies predict in a decade or two 47 percent of all jobs in America will be lost to automation. According to these warnings, it will not be foreigners and immigrants who will take away the jobs; it will be robots and artificial-intelligence computers that will be the culprits.

We are beginning to hear that if automation takes away all the jobs then nobody will be left to buy the products manufactured by these non-humans.

Companies convert to automation because they are much more efficient, thus producing products at lower cost. Corporations exist to make money and robots will work […]

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