Relationship To Unemployment
Although the process of implementing automation to industries may cause a temporary fall in the demand for Human capital, in the long run and for society as a whole it has only led to cheaper products, lower average work hours, and new industries forming (I.e, robotics industries, computer industries, design industries).
Read more about this topic: Automation
Famous quotes containing the words relationship and/or unemployment:
“Poetry is above all a concentration of the power of language, which is the power of our ultimate relationship to everything in the universe.”
—Adrienne Rich (b. 1929)
“When a great many people are unable to find work, unemployment results.”
—Calvin Coolidge (1872–1933)
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