ProgrammingGodJordan
Banned
This has been the case for hundreds of years. New industry technological advancements have gone hand in hand with lower unemployment rates. While demand and efficiency has shifted jobs to other fields, that is an inherent function of the economic affect of supply and demand.
What factors do you specifically see now that would change that trend?
Here are some factors:
(1) The functioning machine intelligence at the onset of the industrial revolution, are very different models than the brain inspired beasts that function well today. The old models didn't function well, while "learning" to do tasks as humans do.
By 2020, we will likely see conventional machines with human level brain power. (See source)
(2) In the distant past, the top three firms in some region of the world earned billions, and hired millions.
Recently, the top 3 in a similar region earned trillions, and hired thousands.
(See source)
FOOTNOTE:
In other words, the initial trend has already changed, and changes are occurring faster still.
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