ATMs: They Took Our Jobs? Ctd

Jun 17 2011 @ 1:24pm

Stephen Ezell insists that "technology is part of the job creation solution; not part of the problem":

[Obama]’s suggestion that technology leads to job loss is simply not the case. In fact, U.S. productivity gains were higher before the Great Recession than they are now (and productivity gains were higher still in the 1990s when job growth was booming), meaning that technological-based productivity gains are not the culprit behind recent sluggish U.S. job growth. Rather, as ITIF explains it its report Embracing the Self-Service Economy [pdf], the vast majority of economic studies show that productivity gains—including through self-service technologies such as ATMs, kiosks, and self-checkout machines—actually lead to more jobs.

Wilkinson's thoughts here.