Opinion | No, robots are not coming for your jobs

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Opinion | No, robots are not coming for your jobs
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Opinion: No, robots are not coming for your jobs

By Robert J. Samuelson Robert J. Samuelson Columnist focusing on economics Bio Columnist April 28 An unsettling specter haunts the world economy: a future of ubiquitous robots that destroy millions of jobs. Sometimes this is called “artificial intelligence”; sometimes it isn’t. Either way, it threatens the social stability of the United States and other advanced countries, which depend on most people working most of the time. Well, don’t believe it, says a massive new report.

It identifies three major threats to existing jobs: globalization ; aging societies ; and digitalization . Jobs have been eliminated; there can be little doubt of that. But jobs have also been created. The lesson from history is that inventions and innovations have typically been more than offset by employment gains. Automobiles displaced horses, and job gains were not only in manufacturing but also in gasoline stations, auto repair shops and highway construction.

Indeed, it’s possible — though the OECD study barely mentions it — that the supply and demand for workers, after many years of favoring business, is slowly shifting the advantage to workers.

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