Thursday, January 17, 2019

As pessoas estão a tirar o trabalho aos robots?

Parece que sim.

The Robot Paradox, por Chris Dillow:

My chart, taken from the Bank of England and ONS, puts this into historic context. It shows that the gap between the growth of the non-dwellings capital stock and employment growth has been lower in recent years than at any time since 1945. The time to worry about machines taking people’s jobs was the 60s and 70s, not today.

Of course, we shouldn’t set much store by the precise numbers here: measuring the capital stock is a fool’s errand. But these data are consistent with other facts. Households are saving less than they used to, which is not what you’d expect if they feared losing their jobs. Companies are still building up cash quickly and borrowing little, and of course real interest rates are low. All this is consistent with low capital growth.

If we looked only at the macro data, we’d fear that people are taking robots’ jobs – not vice versa.

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