Fear of technological unemployment is as old as technology, and it has always been unfounded. People were terrified that these amazing new machines would throw people out of work in the industrial revolution. Well, the truth is that technology has always eliminated some jobs, but it has also created new jobs. The striking thing now is that for the first time ever, main stream economists are saying maybe that 250 year trend is changing. Maybe this idea that technology actually could cause wide unemployment is coming true.

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