Robots, artificial intelligence and other automation technologies allow companies to produce more. They also displace workers from their jobs, wreaking havoc on those who have no other training and are financially vulnerable.
Research from Dartmouth and Massachusetts Institute of Technology economists featured in this week’s edition National Bureau of Economic Research (NBER) Working Papers claims that the speed of automation is excessive and should be cut in half.
“Companies do not necessarily take into account the consequences of automation on their workers. Instead, they tend to focus on the value automation will bring to the company and its shareholders,” says co-author […]
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