Robots dominating job market is not inevitable: Oxford economist Carl Frey

Robots dominating job market is not inevitable: Oxford economist Carl Frey

The economic historian believes technology is neither the solution to everything nor a dystopian nightmare

A research published six years ago by two Oxford academics, Carl Benedikt Frey and Michael Osborne, seemed to reinforce this ominous prediction about the global economy: Robots are going to take over our jobs. For, it warned that “about 47% of total US employment is at risk” due to computerisation. Carl, this year, expanded the ideas of the research in a book, which is portentously titled, The Technology Trap: Capital, Labor, and Power in the Age of Automation .

Contrary to what it seems, […]

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