Nobel Prize-Winning Economist Reveals Why Robots Really Are Coming For Your Job

Tomas Hirst

Nobel prize-winning economist Joe Stiglitz has a new NBER paper out that comes to a worrying conclusion — the robots really are coming for your job.

In economic theory innovation should make workers more efficient — they can produce more for less — but it comes at the cost of lower skilled jobs as fewer people are required to produce the same amount of output.