1
Q
Will robots replace workers?
A
No. workers create robots. people work alongside robots. when companies save money by using robots they grow and hire more people.
2
Q
Why do robots taking over not make sense in terms of productivity?
A
If robots were taking over job wed see an increase and growth in productivity but we actually see a decrease in productivity.
3
Q
What is the RICE model?
A
some workers are Replaced.
people Invent robots
people Complement robots
robots Expand outputs
4
Q
Will robots replace jobs?
A
No because jobs are bundles of tasks and robots replace a specific task.
5
Q
Why are workers better than robots?
A
they have bundles of skills and know when to apply these skills and how to prioritize tasks.
ECON
flashcards
Decks in class (12)
# Cards
