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APA
Subject:
Business & Marketing
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English (U.S.)
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Topic:

Macroeconomic theory class Business & Marketing Essay (Essay Sample)

Instructions:

Discussion: Autor, "Why are There Still So Many Jobs"
Please provide comments on the attached article.
You may draw connection to the PPT attached.
Your objective should be to understand the ‘main objectives’ or ‘takeaways’ of the article.

source..
Content:


History and Future of Workplace Automation
Student Name
Institution
History and Future of Workplace Automation
Over the previous two centuries, pundits and speculators alike have been offering warnings that automation and the advancement of technology were on the path to decimating considerable numbers of middle-class jobs. Despite this foreboding, new technology and automation have not rendered human labor useless. For instance, the ratio of employment to the population saw an increase over the last century (Autor, 2015). Granted, the rate of unemployment varies with each economic cycle. However, in the long-run, the unemployment rate does not increase.
The most concerned parties with regards to the issue of erosion of employment opportunities by automation argue that historical precedents are not sufficient to predict how the future will pl

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