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by tdb7893
3136 days ago
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Yeah, automation will reduce jobs in the space that it's automating. It would be pretty absurd if it didn't reduce the number of jobs for that situation. The thing is that automation in one space increases jobs across the economy. A good example of this is how the vast majority of people used to be employed farming but as it has gotten more efficient the economy has created jobs in other sectors. Short term destruction of jobs is obviously an issue while the economy adjusts but long term the main concern would be that the economy stops having the ability to create new jobs at all. That long term catastrophe hasn't happened yet when we were in similar situations in the past so my guess would be that it won't happen this time but I'm not sure. |
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