Many economists are concerned that automation will result in a loss of jobs. This work shows that is not the issue, and that the two main effects of automation are increased inequality and economic growth.
Open the PDF below for this brief. A more comprehensive paper on the issue is available here.
Nov. 6, 2020, 12:31 p.m.
James A. Baker, III, has served in senior government positions under three United States presidents. He served as the nation's 61st secretary of state from January 1989 through August 1992 under President George H.W. Bush. During his tenure at the …
