Summary:
According to a new paper by the economists, the industry most affected by automation is manufacturing. For every robot per thousand workers, up to six workers lost their jobs and wages fell by as much as three-fourths of a percent. Economists say blue-collar men without college degrees will be the biggest hit.
Vocabulary and Sample Sentences:
Come out ahead – end up with profit, benefit or advantage
- In the race of industrial automation, the robots will come out ahead.
- My company came out ahead in the bid for the government tender.
Automation n. (automate v.) the use of automatic equipment in manufacturing or production process
- TSMC has the world’s most advanced foundry automation technology in the world.
- My boss wants software automation in our office to promote a paperless working environment.
On/ off sb’s radar – whether sb was aware or not aware of the issue
- According to the US Treasury Secretary, AI’s displacement of human jobs was not on his radar.
- JK Rowling has been on my radar for a long time, but I have not read any of her books.
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