Automation and Employment in the 21st Century

Ever since the advent of industrialization over 200 years ago, there’ve been periodic fears about the impact of technology-based automation on jobs. In the 1810s, for example, the so-called Luddites smashed the new machines that were threatening their textile jobs. But each time those fears arose in the past, technology advances ended up creating more jobs than they destroyed.

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Automation and Employment in the 21st Century

Ever since the advent of industrialization over 200 years ago, there’ve been periodic fears about the impact of technology-based automation on jobs. In the 1810s, for example, the so-called Luddites smashed the new machines that were threatening their textile jobs. But each time those fears arose in the past, technology advances ended up creating more jobs than they destroyed.

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