Will AI cause mass unemployment? What history says about technology and jobs

Will AI cause mass unemployment? What history says about technology and jobs

In One Chart

Robotic hand pressing a keyboard on a laptop 3D rendering AI Rapid developments in artificial-intelligence technology are stoking fears that wide swathes of jobs may soon be on the chopping block.

Deutsche Bank economists, in a Monday note, argued that such concerns are likely misplaced, at least as far as they relate to the potential to create a rise in joblessness. Deutsche Bank In the chart above, going back to 1755, they track long-term unemployment across what are now the G-7 nations versus past scares around technology and jobs. There have been quite a few since […]

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