The Scary Robot Story Stems from Confusion by the Story Tellers

Joe Nocera uses his column today to discuss the scary robot story. This is the story that none of us will have jobs because we will all be displaced by robots. (Incredibly, this story exists side by side with its direct opposite, the view that we won't have any workers because so many people are retiring and living for ever.) Anyhow, the deal is that the owners of the robots are very rich and the rest of us are left begging for pennies.

The reason this story makes no sense is that the ability...