A paper by MIT’s David Autor and Utrecht University’s Anna Salomons determined that overall automation created more jobs than it destroys over 47 years of data from 28 industries in 19 countries. This will likely be the case in the future as well, but it will be tough for people to scramble for the new work. The new work will also likely pay somewhat less.
The future of work will see both faster growth and more rapid decline. Areas will be exploding with new opportunity or rapid implosion and job death.
A Brookings Institute study has found that from 1970-2007 […]
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