Technology Types & Uses What is Technology? Video & Lesson Transcript
Past automation has both substituted and complemented labor; machines replaced humans at some lower-paying jobs , but this was compensated by the creation of new, higher-paying jobs. Studies have found that computers did not create significant net technological unemployment. Due to artificial intelligence being far more capable than computers, and still being in its infancy, it is not known whether it will follow the same trend; the question has been debated at length among economists and policymakers.
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