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The Fear of Mass Unemployment Due to Artificial Intelligence and Robotics Is Unfounded

Audio Mises Wire

Tags CapitalismU.S. Economy

03/23/2023Raushan Gross

Ever since the Luddites rampaged through British textile factories in the early 1800s, people have feared that technology will result in mass unemployment. They were wrong then and are wrong now.

Original Article: "The Fear of Mass Unemployment Due to Artificial Intelligence and Robotics Is Unfounded"

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Author:

Raushan Gross

Raushan Gross is an Associate Professor of Business Management at Pfeiffer University. His works include Basic EntrepreneurshipManagement and Strategy, and the e-book The Inspiring Life and Beneficial Impact of Entrepreneurs.

Original Article: 
The Fear of Mass Unemployment Due to Artificial Intelligence and Robotics Is Unfounded