Everybody Chill: Robots Won't Take All Our Jobs
Everybody Chill: Robots Won't Take All Our Jobs
Business, Spoken · SpokenLayer
August 18, 201720m 1s
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Show Notes
None of this is to say that automation and AI aren’t having an important impact on the economy. But that impact is far more nuanced and limited than the doomsday forecasts suggest. A rigorous study of the impact of robots in manufacturing, agriculture, and utilities across 17 countries, for instance, found that robots did reduce the hours of lower-skilled workers—but they didn’t decrease the total hours worked by humans, and they actually boosted wages.
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