alt Hacker NewsThis is exactly right. And assuming organizations use the gains to cut headcount rather than boost total productivity, a 10% reduction in white collar employment would still be an era-defining systemic shock to the economy.
This is exactly right. And assuming organizations use the gains to cut headcount rather than boost total productivity, a 10% reduction in white collar employment would still be an era-defining systemic shock to the economy.
Productivity improvements from automation actually result in an increase in jobs, not fewer jobs. Basic economics.