Comment There are no new jobs (Score 1) 10
This isn't like when the buggy whip workers could go work for the car companies. There's nothing replacing the jobs being eliminated. Sit down and try to make a list of them. You can't. This is pure automation. It's causing raw technological unemployment.
And we better figure out something because 25% is the magic number.
That's the unemployment rate that preceded both world wars.
And we better figure out something because 25% is the magic number.
That's the unemployment rate that preceded both world wars.