Sunday, March 15, 2020

Creating jobs in the age of automation

We need leaders who are innovative.

A challenge in the future is to create jobs for workers. Automation and artificial intelligence will destroy jobs.

When people are unemployed, they will not earn any income. They will not be able to buy the products that are being produced by the robots. The global economy cannot grow when the consumers are not able to buy the manufactured goods.

One way to create more jobs is to reduce the working hours. If working hours are reduced by 20%, the number of jobs will increase by 20%.

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