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Robots are Actually Creating Better Jobs

Robots are Actually Creating Better Jobs

(Seattle)

The Wall Street Journal has run an article arguing that workers have little to fear from robots and automation because such technologies actually improve the jobs market rather than hurt it. Using the retail sector as a case study, the piece explains that though many brick and mortar workers have lost their jobs due to store closure, a lot of them have entered ecommerce jobs that have high pay rates. The world has frequently been worried about automation wiping out jobs. Society has been worried even as far back as Queen Elizabeth I in 1589, who refused to grant permission for a mechanical knitting machine for fear of hurting hand-knitters. However, such fears have always been proven pointless.

FINSUM : Two years in retail automation is hardly a big enough case study to make the claim that robots are not hurting jobs. For instance, is automation not at the heart of why wages are staying stagnant despite job growth?

  • robots
  • automation
  • labor
  • Amazon
  • ecommerce
  • retail

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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