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In good times, robots are seen as heroes. In bad times, they’re the villains. They’re neither. Robots are as good or bad as our public policies allow.

Government policy is killing the American Dream, not robots.

If automation were increasingly displacing workers, we’d be seeing more output produced in fewer labor hours, aka, faster productivity growth. But we see the opposite. I know that measurement issues have been raised–the idea that we’re under-counting output related to IT–but if anything, the evidence pushes the other way: we’re now doing a better job of accounting for the productive aspects of new technologies.

Source: No, Robots Aren’t Killing the American Dream – NYTimes.com

Source: Before you blame the robots, look to the policy (and the data) | Jared Bernstein | On the Economy

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