Robots Could Make Even High-Tech Workers Worse Off
Over time, a bigger cache of software can hurt earnings for workers
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Have you ever worried that robots would one day be the ruin of humanity? According to a newly published paper, you might not be too far off base.
Four researchers from Boston University and Columbia University simulated an economy featuring two types of workers – high-tech employees who produce new software code, and low-tech workers who produce human services (people such as artists, priests, psychologists and the like).