The Question with AI Isn’t Whether We’ll Lose Our Jobs — It’s How Much We’ll Get Paid
Harvard Business Review
JANUARY 31, 2018
The basic fact is that technology eliminates jobs, not work. It is the continuous obligation of economic policy to match increases in productive potential with increases in purchasing power and demand. Wage growth has not kept up with productivity growth; labor’s share of GDP has fallen and capital’s share has risen.
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