Automation Caused More than Half America’s Income Inequality Since 1980, Study Claims

A newly published study co-authored by MIT economist Daron Acemoglu “quantifies the extent to which automation has contributed to income inequality in the U.S.,” reports SciTechDaily, “simply by replacing workers with technology — whether self-checkout machines, call-center systems, assembly-line technology, or other devices.” Over the last four decades, the income Read more…