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January 24, 2013

If machines have all the jobs who will buy U.S. products?

  • For two centuries tech advances have delivered more economic growth and jobs, but a new book says this time is different.
    • By PAUL WISEMAN
    AP Economics Writer

    WASHINGTON — Martin Ford saw it everywhere, even in his own business.

    Smarter machines and better software were helping companies do more work with fewer people. His Silicon Valley software firm used to put its programs on disks and ship them to customers. The disks were made, packaged and delivered by human beings. Now Ford's customers can just download the software to their computers — no disks, no packaging, no delivery workers.


     
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