Must-Read: Duncan Weldon: Are the Robots Taking Enough Jobs?

Actor Arnold Schwarzenegger poses for photographers at a preview of the film ‘Terminator: Genisys’. (AP Photo/Jacques Brinon)

Must-Read: Human smiles and human truly creative thought look to remain economically valuable. So learn how to smile!

Duncan Weldon: Are the Robots Taking Enough Jobs?: “Andy Haldane has warned that new technologies could replace up to 15 million British jobs…

…Ignazio Visco, trod much the same ground. Both policymakers are taking the threat of computerisation… seriously…. Historically… waves of new technology have created as many jobs as they have destroyed…. This time might be different, the next wave of labour-saving technology looks to be replacing human brains, rather than human brawn, and the impact could be far more wide-reaching. And, even if this time isn’t different… adjustments… in the past led to a generation or more of economic pain…

November 18, 2015


Brad DeLong
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