The 'Technology Trap' and the Labour Force

The Economic History Podcast - Ein Podcast von Seán Kenny

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In this episode, Dr. Carl Benedikt Frey discusses the relationship between technological breakthroughs and the varying responses from Labour over the long run. We discuss whether we are currently entering another 'Engel's Pause', contrasting labour replacing versus labour augmenting technologies and consider the political challenges they leave in their wake.