The robots are definitely coming and will make the world a more unequal place | John Naughton
So the robots are coming for our jobs, are they? Yawn. That's such an old story. Goes back to Elizabeth I and the stocking frame, if my memory serves me right. Machines have been taking our jobs forever. But economists, despite their reputation as practitioners of the "dismal science", have always been upbeat about that. Sure, machines destroy jobs, they say. But hey, the new industries that new technology enables create even more new jobs. Granted, there may be a bit of "disruption" between destruction and creation, but that's just capitalist business as usual. Besides, it's progress, innit?
We have now lived through what one might call Automation 1.0. The paradigmatic example is car manufacturing. Henry Ford's production line metamorphosed into Toyota's "lean machine" and thence to the point where few humans, if any, are visible on an assembly line. Once upon a time, the car industry employed hundreds of thousands of people. We called them blue-collar workers. Now it employs far fewer. The robots did indeed take their jobs. In some cases, those made redundant found other employment, but many didn't. And sometimes their communities were devastated as a result. But GDP went up, nevertheless, so economists were happy.
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