Remember when rapid automation was going to render large swaths of the workforce unemployed? Politicians and other professional worrywarts warned that robots would displace production workers, that self-driving vehicles and
Remember when rapid automation was going to render large swaths of the workforce unemployed? Politicians and other professional worrywarts warned that robots would displace production workers, that self-driving vehicles and drones would displace truckers and delivery personnel, and the algorithms and kiosks would displace service and managerial employees. Radical responses such as universal basic income Technological innovations don’t produce net job destruction. They produce net job creation.