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Industrial revolutions and fears of job losses: history suggests unemployment is more stable than it seems

Photo by The New York Public Library / Unsplash

As companies roll out artificial intelligence, many have used it to justify staff cuts, prompting speculation about how severely employment might be hit. It is still too early to judge the scale of the current technological shift, but past industrial revolutions offer useful guidance.

KC Law (Economist)

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KC Law (Economist)

Law Ka Chung is a Hong Kong economist and financial columnist.

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