Thursday, December 3, 2015

Robots Take On More Elaborate Tasks Amid Worker Shortage

Screen Shot 2015-12-03 at 11.37.59 AM

via Robots Take On More Elaborate Tasks Amid Worker Shortage

What worker shortage? The article doesn’t actually lay out any proof that there *is* a worker shortage, but some WSJ editor just put that in the title because we all know there is a structural shortage of trained workers. Note that this argument has been debunked over and over: if there was a shortage then wages for some segment of workers would rise with demand.

Instead, innovators like those in the article are inventing new robotic tools to continue to drive down the wages of semi-skilled and low-skilled workers in many trades.




from Stowe Boyd http://stoweboyd.com/2015/12/03/11086/

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