Three common assumptions skew economists’ forecasts of automation’s impact on employment. Addressing each is essential to protect workers’ rights and change the fatalistic storyline of the prevailing narrative.
TORONTO – Much has been written about the “future of work,” and much of it makes for gloomy reading. Study after study predicts that automation will upend entire industries and leave millions unemployed . A 2013 paper by two Oxford professors even suggested that machines could replace 47% of jobs in the United States within “a decade or two.” JIM WATSON/AFP/Getty Images Conclusions like these sustain the narrative that the future will […]
Full Post at www.project-syndicate.org