What are the effects of automation?
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Automation
- Consumer products
| Britannica The long-term effects of automation on employment and unemployment rates are debatable. Most studies in this area have been controversial and inconclusive. Workers have indeed lost jobs through automation, but population increases and consumer demand for the products of automation have compensated for these losses.
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The long-term effects of automation on employment and unemployment rates are debatable. Most studies in this area have been controversial and inconclusive. Workers have indeed lost jobs through automation, but population increases and consumer demand for the products of automation have compensated for these losses.
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