[pdonis]

> businesses will look to technology to augment and/or replace labor whenever they can

But a big part of "can" is whether or not the solution using technology is cheaper than the solution without it. And a big part of that is the cost of human labor. If human labor is more costly, it is more likely that a technology solution that allow more value to be produced with the same human labor will be cost effective. Conversely, if human labor is cheap, plenty of technology solutions that would allow more value to be produced with that labor simply don't make business sense--you'd be spending more for the same output.

So while it's true that businesses are always looking for uses for technology, regardless of the current labor market, whether or not they actually end up implementing them does depend in large measure on the current labor market.