Recent automation has displaced workers but with little compensatory creation of new jobs. Restaurants aren’t creating new customer-service roles for their former employees; instead, they’re saving the difference in costs between labor and robot capital.

Recent automation has displaced workers but with little compensatory creation of new jobs. Restaurants aren’t creating new customer-service roles for their former employees; instead, they’re saving the difference in costs between labor and robot capital. https://t.co/4uqCiV9Tn1

— City Journal (@CityJournal) May 5, 2019