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A new report predicts that by 2030, as many as 800 millionjobscould be lost worldwide toautomation.Jobsof the future will use differentskillsand may have higher educational
A new report predicts that by 2030, as many as 800 millionjobscould be lost worldwide toautomation.Jobsof the future will use differentskillsand may have higher educational requirements.How do you think automation affects unemployment, wages, and prices? Explain: "Unemploymentcan be caused by a decrease of aggregate demand or a decreaseof aggregate supply." In each case, specify wages and price-level outcomes.
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