tutor2u | Does technological innovation increase unemployment?

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Does technological innovation increase unemployment?

Geoff Riley

24th November 2014

This is an important issue made even more relevant today with the rapid emergence of robotic technologies, the roll out of driverless cars, robotic trucks and much else besides. Nobel-winning economist Joe Stiglitz has a new paper out on the topic - http://www.nber.org/papers/w20670

Here are some other relevant articles:

City AM: Will humans be replaced by robots? They might take some of our jobs, but they'll also create new ones

BBC: Robotic trucks do the jobs that lorry drivers shun

Daily Mail: New report warns 50 per cent of occupations will be redundant in 11 years time

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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