Erik Brynjolfsson: The key to growth? Race with the machines.
Are machines taking our jobs? Sure. While this scares some ignorant politicians, it’s actually a good thing. Automation doesn’t mean that we will become obsolete or that we won’t have new ways to make a living. We need to embrace automation, not fear it. The better the machines, the more productive and better off we are… if we choose to be.
Further reading: “The Curse of Machinery” by Henry Hazlitt.