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May 23, 2020

Are Ultra-Fast Assembly Machines Good for the Economy?

Today’s lightning fast assembly machines can do the work of 10 men or women in the blink of an eye, which means such assembly machines put 10 men or women out of a job. On the other hand, these Automated assembly Systems increase factory production to the point where a company can compete on the world stage, which means the company doesn’t go out of business, which would mean nobody has a job. So, it would seem that advanced assembly machines are a mixed blessing, but, yes, a good thing for the economy overall!