What: FREE Webinar
When: September 21, 2017 at 2:00 PM EST
False Alarmism: The Truth About Automation and Jobs
Popular opinion holds that robotics and automation are creating an unprecedented level of churn in the labor market. One Silicon Valley gadfly even predicts that technology will eliminate 80 to 90 percent of U.S. jobs in the next 10 to 15 years. However, a new study by the Information Technology and Innovation Foundation (ITIF) finds that such grim assessments are the products of faulty logic and erroneous empirical analysis. Examining the past 165 years of American history, the foundation found that the U.S. labor market is not experiencing particularly high levels of job churn (defined as new occupations being created while older occupations are destroyed). In fact, it’s the exact opposite: Levels of occupational churn in the United States are now at historic lows. In this thought-provoking presentation, Robert D. Atkinson, founder and president of the ITIF, argues that the biggest economic challenge facing advanced economies today is not too much labor market churn, but too little.