Study: Robots are increasing our wages, not stealing our jobs

Source: http://www.wired.co.uk/news/archive/2015-07/15/robots-are-not-stealing-our-jobs

By Wired UK

Aug 21, 2015

Robots are set to become the new scapegoats for unemployment, but a new study concludes that wages paid to us plodding fleshy beings will actually rise once the machines show up for work.

The study penned by professors of economics at Uppsala University and London School of Economics, Georg Graetz and Guy Michael, suggests a lot the fear about automation is without basis.

Read the full blog post on wired.co.uk.

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