Will automation take away all our jobs? | David Autor [w/ subs]

00:00:13 – Here’s a startling fact:
00:00:15 – in the 45 years since the introduction of the automated teller machine,
00:00:18 – those vending machines that dispense cash,
00:00:21 – the number of human bank tellers employed in the United States
00:00:24 – has roughly doubled, 00:00:26 – from about a quarter of a million to a half a million. 00:00:29 – A quarter of a million in 1970 to about a half a million today, 00:00:32 – with 100,000 added since the year 2000. 00:00:36 – These facts, revealed in a recent book 00:00:39 – by Boston University […]

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