Saturday, May 27, 2017

On Robotization and Unemployment at the Rick Smith Show

Dr. Strangelove or: How I Learned to Stop Worrying and Love the Robots. The gist is that technological change is not the problem. Employment is pro-cyclical and pro-structural, for lack of a better word, it goes with the cycle and with the trend. The issue is the weakness of the working class bargaining power. We need regulation of corporate oligopolies, stronger unions, and a political system willing to require and fund social welfare. In that world, robots are not the cause of a dystopia.

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