Will automation destroy more jobs than it creates?

Will automation destroy more jobs than it creates?

Economists and entrepreneurs say the advent of robots and automation will destroy more jobs than it will create—leading to a world where computers do most of the work and humans do… something else. Some critics say experts are exaggerating when they say the future will be jobless. Automation will replace some tasks, but it will also create new opportunities. The cost of goods will go down. People will still need to program the robots too. What do you think will happen? 🤖

Unlike technological revolutions in the past, automation threatens to replace humans entirely. Already, fast food chains are […]

Will automation destroy more jobs than it creates?

Will automation destroy more jobs than it creates?

Economists and entrepreneurs say the advent of robots and automation will destroy more jobs than it will create—leading to a world where computers do most of the work and humans do… something else. Some critics say experts are exaggerating when they say the future will be jobless. Automation will replace some tasks, but it will also create new opportunities. The cost of goods will go down. People will still need to program the robots too. What do you think will happen? 🤖

Unlike technological revolutions in the past, automation threatens to replace humans entirely. Already, fast food chains are […]

Will automation destroy more jobs than it creates?

Will automation destroy more jobs than it creates?

Economists and entrepreneurs say the advent of robots and automation will destroy more jobs than it will create—leading to a world where computers do most of the work and humans do… something else. Some critics say experts are exaggerating when they say the future will be jobless. Automation will replace some tasks, but it will also create new opportunities. The cost of goods will go down. People will still need to program the robots too. What do you think will happen? 🤖

Unlike technological revolutions in the past, automation threatens to replace humans entirely. Already, fast food chains are […]

Will automation destroy more jobs than it creates?

Will automation destroy more jobs than it creates?

Economists and entrepreneurs say the advent of robots and automation will destroy more jobs than it will create—leading to a world where computers do most of the work and humans do… something else. Some critics say experts are exaggerating when they say the future will be jobless. Automation will replace some tasks, but it will also create new opportunities. The cost of goods will go down. People will still need to program the robots too. What do you think will happen? 🤖

Unlike technological revolutions in the past, automation threatens to replace humans entirely. Already, fast food chains are […]

Will automation destroy more jobs than it creates?

Will automation destroy more jobs than it creates?

Economists and entrepreneurs say the advent of robots and automation will destroy more jobs than it will create—leading to a world where computers do most of the work and humans do… something else. Some critics say experts are exaggerating when they say the future will be jobless. Automation will replace some tasks, but it will also create new opportunities. The cost of goods will go down. People will still need to program the robots too. What do you think will happen? 🤖

Unlike technological revolutions in the past, automation threatens to replace humans entirely. Already, fast food chains are […]

Will automation destroy more jobs than it creates?

Will automation destroy more jobs than it creates?

Economists and entrepreneurs say the advent of robots and automation will destroy more jobs than it will create—leading to a world where computers do most of the work and humans do… something else. Some critics say experts are exaggerating when they say the future will be jobless. Automation will replace some tasks, but it will also create new opportunities. The cost of goods will go down. People will still need to program the robots too. What do you think will happen? 🤖

Unlike technological revolutions in the past, automation threatens to replace humans entirely. Already, fast food chains are […]

Will automation destroy more jobs than it creates?

Economists and entrepreneurs say the advent of robots and automation will destroy more jobs than it will create—leading to a world where computers do most of the work and humans do… something else. Some critics say experts are exaggerating when they say the future will be jobless. Automation will replace some tasks, but it will also create new opportunities. The cost of goods will go down. People will still need to program the robots too. What do you think will happen? 🤖

Unlike technological revolutions in the past, automation threatens to replace humans entirely. Already, fast food chains are […]

You want faster productivity growth? Then run a high-pressure economy: An interview with Josh Bivens

You want faster productivity growth? Then run a high-pressure economy: An interview with Josh Bivens

(Jewel Samad/Agence France-Presse via Getty Images) Josh Bivens directs research at the Economic Policy Institute, is a great economist, an old friend, and the author of an excellent new paper I wanted folks to know about. Here he is, answering a bunch of my questions about his new work.

Q: Tell us about the slowdown in productivity growth and why it’s so important?

A: Productivity is a measure of how much income (or output) is generated in an average hour of work in the U.S. economy. Over the long-run, the only way economies can generate higher standards of […]

How inevitable is the AI takeover of jobs? And where does UBI fit in?

How inevitable is the AI takeover of jobs? And where does UBI fit in?

KNOXVILLE, TENNESSEE — Inside a giant warehouse that’s bigger than 4 football fields put together, humans unpack boxes from containers before shuttling them onto a series of robotized conveyor belts. The low rhythmic grunts of people working alongside the hum of machines fill this massive space. It’s just another day at Red Stag Fulfilment , a logistics company that specializes in ecommerce fulfillment and employs around 60 full-time and contract workers who inventory and ship everything imaginable to locations around the USA and worldwide.

In 2027, the idea of humans working alongside intelligent machines might seem like a quaint, even […]

Beyond Trump: the hidden threat robots pose to the Mexican economy

Beyond Trump: the hidden threat robots pose to the Mexican economy

Maquila workers in Ciudad Juárez. CHRISTIAN PALMA A similar scene is taking place in the border town of Ciudad Juárez, the heart of Mexico’s low-cost processing and assembly plants located in duty-free zones and known popularly as maquilas . In this labor-intensive sector, robots have also started to take over production processes that until recently required manpower.

Automation poses one of the biggest threats to jobs in the 21 st century. But the Mexican case is particularly painful because of its growth model, in which competitive wages play a key role.

This makes the rise of automation technology every bit as […]