Robotics will likely accelerate deflationary trends, but history shows tech also creates new job roles. It’s a dynamic shift as both labor markets and industries adapt to evolving tech landscapes
You are viewing a single comment's thread from:
Robotics will likely accelerate deflationary trends, but history shows tech also creates new job roles. It’s a dynamic shift as both labor markets and industries adapt to evolving tech landscapes
I disagree that history shows technology creates new jobs, at least from a net standpoint.
The labor force participation rate in the US and globally, peaked in 1998 and 1990 respectively.
Technology's impact on jobs is complex. While some roles may vanish, others emerge, but it's true that overall replacement isn't guaranteed—factors like policy, education, and market dynamics ultimately shape the net effect
The pace of technology seems to be accelerating, especially with AI.
Rapid AI gains could speed up deflationary shifts, but it also challenges how we balance productivity with workforce changes. It’s important to watch these trends and consider ways to upskill as tech advances
That is true. Work force changes are likely going to see humans on the short end. They simply cannot grow or expand at a pace that matches AI or technology in general.
You're right—humans may face challenges keeping pace with rapid tech advancements. Still, fostering reskilling programs and proactive policy can help ease the transition into a more tech-centric economy
My view is that most new jobs created will be filled by AI.
After all, what is hard today for it will be easy in 6-12 months. That is how fast it is moving.