A faltering economy explains much of the job shortage in America, but advancing technology has sharply magnified the effect, according to two researchers at the Massachusetts Institute of Technology. The automation of more and more work once done by humans is the central theme of “Race Against the Machine,” an e-book published Monday (October 24).
Erik Brynjolfsson, an economist and director of the MIT Center for Digital Business, and Andrew P. McAfee, associate director and principal research scientist at the center, argue that the pace of automation has picked up in recent years because of a combination of technologies including robotics, numerically controlled machines, computerized inventory control, voice recognition and online commerce.
Faster, cheaper computers and increasingly clever software, the authors say, are giving machines capabilities that were once thought to be distinctively human. So automation is rapidly moving beyond factories to parts of the services sector, which provides most jobs in the economy.
From The New York Times
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