Automation of jobs previously handled by human workers is responsible for half or more of the widening wage disparity among American workers over the last 40 years. Daron Acemoglu, a prominent economist at the Massachusetts Institute of Technology, has been arguing against what he calls “excessive automation.” Investing in robots and software has yet to yield a broader economic benefit. However, he claims that the rising inequality caused by those investments, as well as the public policies that favours them, is obvious.
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