Doug Lautzenheiser

48%
Flag icon
In the long run, the biggest effect of automation is likely to be on workers not in America and other developed nations, but rather in developing nations that currently rely on low-cost labor for their competitive advantage. If you take most of the costs of labor out of the equation by installing robots and other types of automation, then the competitive advantage of low wages largely disappears.
The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies
Rate this book
Clear rating
Open Preview