Destruction of large numbers of jobs by robots unlikely, says new OECD Study
This piece is utter trash founded on baseless assumptions.<p>&gt;Arntz, et al. argue that the estimated share of “jobs at risk” <i>must not be equated with actual or expected employment losses</i> from technological advances for three reasons.<p>So in other words, the title is false.  Actual employment loss is what is at issue here.<p>&gt;The utilisation of new technologies is a slow process, due to economic, legal and societal hurdles, so that technological substitution often does not take place as expected.<p>The first ridiculous assertion.  Jobs wont be destroyed because it will take a long time to destroy them!<p>&gt;Even if new technologies are introduced, workers can adjust to changing technological endowments by switching tasks, thus preventing technological unemployment.<p>Asinine assertion #2.  People will just get new jobs when robots take their jobs!  (of course what new jobs will be available is left unsaid).<p>&gt;Technological change also generates additional jobs through demand for new technologies and through higher competitiveness.<p>Asinine assertion #3, virtually the same as #2.  What new jobs will be created by the automated vehicles that put tens of millions of drivers out of work?<p>This article reads very much like the tripe offered by those who continue to argue that NAFTA and related &quot;free trade deals&quot; are actually good for workers.