Lately, automation has been seen as the enemy of the workforce for stealing jobs from working class Americans. However, as MIT professor David Autor explains in the video below, despite advancements in automation in the workforce, there are still a lot of jobs out there and the fraction of people working in labor force has increased decade over decade over the last 125 years.
So, why are there so many jobs?
Professor Autor looks into this question and talks about what we should and should not be worried about when it comes to automation and employment.
Zurich Lecture of Economics in Society by Prof. David Autor, Massachusetts Institute of Technology (MIT)