Technology & Automation: Only Humans Need Apply

Technology & Automation: Only Humans Need Apply

Most experts nowadays fear technology. The rapid automation happening in the industrial sector has become a cause for concern for many policy planners because of the huge unemployment that automation creates when it displaces the workers. As a technologist, I certainly want technology to continue progressing. Productive use of technology happens when machines are used to ease the lives of human beings by means of automation. The role of technological progress should be to ease the lives of human beings through automation of strenuous and repetitive operations. However, as a macroeconomist, I am equally concerned about ensuring full-employment in […]

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