unSILOed with Greg LaBlanc cover image

456. Economic Growth in the Age of Automation with Carl Benedikt Frey

unSILOed with Greg LaBlanc

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Transformations in Labor: The Second Industrial Revolution

This chapter examines the significant changes in labor dynamics introduced by the second industrial revolution, highlighting the impact of electrification and the internal combustion engine. By creating new industries and job opportunities, it transformed manufacturing and household technologies, exemplified by the emergence of the automobile industry and mass production techniques.

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