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Is Automation to Blame for Jobless Recoveries?

3/19/2017

 
The Usual Luddite Fear of the Unknown?
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Adi Gaskell writing for Forbes shared some interesting data that goes against the popular belief that manufacturing automation will lead to mass unemployment.
 
A big thanks to Forbes for helping to quell this harmful myth…
When the numbers were crunched, the researchers found no real difference in terms of the joblessness of recovery in industries prone to automation, and those that were not, and this was consistent across nations.

To further delve into the topic, the researchers examine particular skill-sets to explore whether some were more impacted by recessions than others.  They focused specifically on middle-skilled workers, whom they classify as having a high-school qualification, or even some post-school qualification, but no degree.  The jobs filled by such people are typically easier to automate as they involve more routine tasks.


The study found that such workers had not seen a rise in joblessness of recovery in recent years, with that trend consistent across the developed world.  Or to put it another way, there is no evidence that modern technologies are hurting middle-skilled workers more than was previously the case. -- Forbes
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I’m not sure if the proponents of this myth are motivated by the usual Luddite fear of the unknown or if there is some other hidden agenda at work here. 

Related: Elon Musk Is Wrong About Factory Automation

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    Robert Perez

    Manufacturing and distribution analysis since 1993.

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