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Monday, April 7, 2014

Automation And Job Loss. As Bad As It Looks? (No. It's Worse)

Detroit Jobs
Who gets them?

"Automation, Robotization, Software-Enhanced Productivity And Permanent Job Loss"

Automation alone isn't killing jobs 
"Although the labor market report on Friday showed modest job growth, employment opportunities remain stubbornly low in the United States, giving new prominence to the old notion that automation throws people out of work....Driverless vehicles and drone aircraft are no longer science fiction, and over time, they may eliminate millions of transportation jobs....How afraid should workers be of these new technologies? There is reason to be skeptical of the assumption that machines will leave humanity without jobs." 
Tyler Cowen in The New York Times.



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