Tag Archives: Creating New Jobs

Automation Won’t Create New Jobs Like Technology Did In The Past

by Erik Sherman, Forbes

“Increased productivity leads to more wealth, cheaper goods, greater spending power and ultimately, more jobs,” said the Wall Street Journal in the latest entry in the counterpoint to articles declaring the end of work.

People should trust things will work out and know the weight of historic experience is on their side, although no one really explains how. Financial services companies are required to note that previous performance is no promise of future gains. Perhaps we need the same when it comes to questions of our investments in industry, technology, jobs, and people. The world faces capabilities and a direction of activity different from anything previously achieved. Dependence on broad precedent without an examination of critical differences can be reckless. Continue reading Automation Won’t Create New Jobs Like Technology Did In The Past