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by sethammons
456 days ago
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Automation has done more to remove manufacturing jobs than offshore by a significant margin. 50-70% of job loss and wage reduction can be attributed to automation. https://www.axios.com/2021/06/17/automation-ai-income-inequa... Even if we bring back all the manufacturing jobs we've lost, they represent fewer positions and automation will continue to be a downward force on wages. |
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[0] https://ifr.org/ifr-press-releases/news/global-robot-density...