"Why Are There Still So Many Jobs? The History and Future of Workplace Automation"

10/17/2015 - 15:11

David Autor


There have been periodic warnings in the last two centuries that automation and new technology were going to wipe out large numbers of middle class jobs. The best-known early example is the Luddite movement of the early 19th century, in which a group of English textile artisans protested the automation of textile production by seeking to destroy some of the machines. A lesser-known but more recent example is the concern over “The Automation Jobless,” as they were called in the title of a TIME magazine story of February 24, 1961:

The number of jobs lost to more efficient machines is only part of the problem. What worries many job experts more is that automation may prevent the economy from creating enough new jobs...

READ MORE ON JOURNAL OF ECONOMIC PERSPECTIVES

Ref: Why Are There Still So Many Jobs? The History and Future of Workplace Automation. Journal of Economic Perspectives (2015) | DOI: 10.1257/jep.29.3.3