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Businesses Robotics Technology

Recession, Tech Kill Middle-Class Jobs 586

Un pobre guey writes "'To understand the impact technology is having on middle-class jobs in developed countries, the AP analyzed employment data from 20 countries; tracked changes in hiring by industry, pay and task; compared job losses and gains during recessions and expansions over the past four decades; and interviewed economists, technology experts, robot manufacturers, software developers, entrepreneurs and people in the labor force who ranged from CEOs to the unemployed.' Their findings: Technology has consistently reduced the number of manufacturing jobs for 30 years; people with repetitive jobs have been easy to replace in the past, and task jugglers like managers and supervisors will be likely targets in the future; companies in the S&P 500 have expanded their business and increased profits, but reduced staffing, thanks to tech; and startups are launching much more easily these days. The response to the article includes the dutifully repeated bad-government-is-at-fault and don't-worry-it's-like-the-Industrial-Revolution memes. But what if this time it's different? What if delegating everything to machines is a radical and fundamental new change in the course of human history?"
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Recession, Tech Kill Middle-Class Jobs

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