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The Automation Paradox

Larry Stockett, the president of Micronet Inc., a company specializing in automation, in his office in 1979 Dave Taylor / AP Automation isn’t just for blue-collar workers anymore. Computers are now taking over tasks performed by professional workers, raising fears of massive unemployment. Some people, such as the MIT professors Erik Brynjolfsson and Andrew McAfee, identify automation as a cause of the slow recovery from the Great Recession and the “hollowing out of the middle class.” Others see white-collar automation as causing a level of persistent technological unemployment that demands policies that would redistribute wealth.

 

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