Human in the Loop: Why Technology Destroys Jobs and Creates Better Ones

Summary: Job losses in individual industries can accompany a growing, increasingly prosperous economy. By lowering costs and increasing purchasing power, technology expands demand and supports employment elsewhere in the economy. AI is likely to follow this pattern, raising productivity while sustaining demand for human judgment and physical skills. Although some workers face painful transitions, history […] The post Human in the Loop: Why Technology Destroys Jobs and Creates Better Ones appeared first on Human Progress.