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Automation is Not the Main Reason for Low Wages and Job Loss
Category: Business | Science | Technology | Economy | Society | Human Interest
In an opinion piece, Princeton economist Paul Krugman states that while many people assume that automation is the main reason for job loss and low wages, this is just not the case. Instead, it is the lopsided power balance between employers and workers, a trend since the 1970s, that is responsibl...
Don’t Blame the Robots for Manufacturing Job Losses in U.S.
Category: Business | Science | Technology | Economy | Society | Lifestyles
This piece by the Economic Policy Institute (EPI) is based on studies comparing countries’ levels of automation and job loss. It concludes that while there is a relationship, it is definitely not the only reason. Why? Countries like Germany where industries are much more mechanized/automate...
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