Thursday, February 26, 2004

Automation killing jobs

With all the attacks on international trade as a job killer has anyone noticed something interesting?

For more than 200 years, agoraphobics have argued that technological advances will kill jobs. As late as the '60s or '70s of the last century this whine was still being heard.

So where are we now. The last 20 years have featured the fastest technological advance in human history and the US workforce has increased dramatically in size. Oops!