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RE: Why "Automation Destroys Jobs" is a Diseased View of Humanity

in #economics8 years ago (edited)

I think history has proven again and again that I am. Every time a technology is automated, entrenched interests fight it tooth and nail, usually by enlisting government to arrest anyone who utilizes automation. This trend pre-dates the industrial revolution. This article (sadly, paywalled) describes how even in the 1500's, the automation of weaving clothes was illegalized to protect the weaving guilds' profits. Yet those jobs were eventually destroyed, and we're all better off for it. The process of creative destruction marches on, making the world better for all. But it's up to us to keep on living, and living means adapting.