Will automation take away all our jobs? | David Autor

Here's a paradox you don't hear much about: despite a century of creating machines to do our work for us, the proportion of adults in the US with a job has consistently gone up for the past...

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Translator: Joseph Geni Reviewer: Joanna PietrulewiczHere's a startling fact:in the 45 years since the introduction of the automated teller machine,those vending machines that dispense cash,the number of human bank tellers employed in the United Stateshas roughly doubled,from about a quarter of a million to a half a million.A quarter of a million in 1970 to about a half a million today,with 100,000 added since the year 2000.These facts, revealed in a recent bookby Boston University economist James Bessen,raise an intriguing question:what are all those tellers doing,and why hasn't automation eliminated their employment by now?If you think about it,many of the great inventions of the last 200 yearswere designed to replace human labor.Tractors were develope...