Will Robots Really Create an Employment “Death Spiral”?

Will Robots Really Create an Employment “Death Spiral”?

Photo by Alex Knight on Unsplash Jay Richards is author of The Human Advantage: The Future of American Work in an Age of Smart Machines . He’s an Assistant Research Professor in the Busch School of Business and Economics at The Catholic University of America, and a Senior Fellow at the Discovery Institute.

According to a new International Monetary Fund research paper , the answer to the above question is yes. As one story on the IMF report put it, “The future of work run by robots appears to be a dystopian march to rising inequality, falling wages and higher […]

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