Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Give an example of how the usage of automation boosts employment numbers. Why is this so?
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Automation has become a trendy topic in recent years. It refers to the use of technology to perform tasks that were previously performed by human beings. The progress made in the field of automation has led to a significant reduction in labor costs, which has led to an increase in wages and an improvement in the standard of living for many people. However, not everyone is happy about how automation is changing their lives. Many advocates believe that new technologies steal jobs from regular workers and threaten the jobs of those who are currently living below the poverty line.
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