How Do We Rescue American Jobs From Widespread Automation?
If the pandemic already had the job market on the ropes, automation could be the one-two punch that knocks the economy out cold.Q3 2020 hedge fund letters, conferences and moreBack in April, 78 percent of households in the United States that had lost a job thought that loss would be temporary. According to a recent survey, 47 percent now believe those jobs won’t be coming back. Oddly enough, automation — the very thing that has kept the economy up and running — is the culprit that’s sparking such deep pessimism about the U.S. job market.Why Job Automation Is a Greater Threat NowFears of automa...