| This piece is utter trash founded on baseless assumptions. >Arntz, et al. argue that the estimated share of “jobs at risk” must not be equated with actual or expected employment losses from technological advances for three reasons. So in other words, the title is false. Actual employment loss is what is at issue here. >The utilisation of new technologies is a slow process, due to economic, legal and societal hurdles, so that technological substitution often does not take place as expected. The first ridiculous assertion. Jobs wont be destroyed because it will take a long time to destroy them! >Even if new technologies are introduced, workers can adjust to changing technological endowments by switching tasks, thus preventing technological unemployment. Asinine assertion #2. People will just get new jobs when robots take their jobs! (of course what new jobs will be available is left unsaid). >Technological change also generates additional jobs through demand for new technologies and through higher competitiveness. Asinine assertion #3, virtually the same as #2. What new jobs will be created by the automated vehicles that put tens of millions of drivers out of work? This article reads very much like the tripe offered by those who continue to argue that NAFTA and related "free trade deals" are actually good for workers. |
There's real, interesting stuff to be said about automation and substitution effects - it is not to be found here. Yet another piece parroting the claim that displaced workers find new jobs adds nothing to the conversation. Look up any of the Tech Review debates, or if you're truly interested check out the pieces the OECD incorrectly claims to debunk.
'Asinine' is exactly the word, although I might choose "assuming the consequent" if I'm allowed to use a phrase. When the entire debate is over whether this time is different, whether new jobs will actually become available, it's impressively dull-witted to dismiss the argument by assuming the desired result.