NATS 1700 Lecture Notes - Lecture 8: Machine Tool, Direct Bank, Fax
15 Aug 2018
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Document Summary
Since the beginning of the industrial revolution technology has been blamed for massive unemployment. In england, in 1811-12, the luddites burned weaving looms in an effort to stop technologies that were eliminating their jobs: neo-luddites are people who strongly criticize computers and the internet. Computers eliminate some jobs but create others: computer makers, designers, programmers, chips makers, the introduction of the www created new jobs in the us: 36k in 1995, 100k in 1996, the latest apps trend creates new jobs. Computers create more jobs than they destroy. In the 1990s the european union was less computerized than the usa but had a higher rate of unemployment. In the year 2000 the us population was 4 times larger than in 1900. Video computers and automations in the 1950s. Computers eliminate a much wider variety of jobs than any other single technology in the past.
