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Racing the Machine

Economists have always believed that previous waves of job destruction led to an equilibrium between supply and demand in the labor market at a higher level of both employment and earnings. But if robots can actually replace, not just displace, humans, it is hard to see an equilibrium point until the human race itself becomes redundant.

Project Syndicate
Dec 22, 2017 · 5 min read

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Project Syndicate

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PS features exclusive commentaries from 45 Nobel laureates and 111 heads of state that deliver cutting-edge insight and analysis to readers around the world.

Project Syndicate

PS features exclusive commentaries from 45 Nobel laureates and 111 heads of state that deliver cutting-edge insight and analysis to readers around the world.

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