Antiquated Economic Policies Are Killing Jobs More Than Robots Are
In an Op-Ed for The Huffington Post, ITIF President Rob Atkinson clarifies we should be worried about job creation but recognize that technology and machines are the solution, not the cause of our stubbornly-high unemployment rate. For that we can blame a tax code that does not encourage innovation and long-term investment, the lack of a national innovation and competitiveness strategy, passivity in the face of unfair or illegal trade practices, and a failure to invest in the talents of our workers and in new technologies.
Rather than rail against the machine, pundits and policymakers would do better to embrace technology-led productivity, while at the same time do much more to help workers adjust to changes, including investing more to create a 21st century skills system and shoring up a unemployment safety net that is full of holes. Fundamentally, the machines are our friends.