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RE: Will Cryptocurrency Save People From Job Losses Due To AI?

in LeoFinance • 2 years ago

You are presuming it is an equal replacement. The labor force participation rate in the United States doesnt reflect that.

2 years ago in LeoFinance by
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         2 years ago 

        It's not equal replacement and there may job losses for the short term. But new tech will not necessarily mean a loss of jobs for the long term or else we should have seen a drastic increase in unemployment throughout history when there were new techs replacing jobs.

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               2 years ago 

              The data for the last 30+ years disagrees with you.

              (Unsupported https://data.worldbank.org/share/widget?indicators=SL.TLF.CACT.ZS)
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