πŸ““ growth-of-automation-and-its-relationship-to-deindustrialization.md by @ryan β˜†

growth of automation and its relationship to deindustrialization

tags : [[automation]]

source : [[Automation and the Future of Work]]

In Automation and the Future of Work Benanav makes the case that automation has been growing in the first world not as a means of increasing productivity but as a cost-saving measure in the face of [[deindustrialization]]. Overcapacity in the manufacturing sector of the global north led to deindustrialization, and automation allows firms to stay competitive while shedding their workforces. This comes hand-in-hand with [[globalization]] as well.