https://www.washingtonpost.com/business/2021/06/20/us-economy-changes/
The same is true of the rise of automation during the pandemic. As companies looked for ways to reduce the number of people in an office, hotel or factory, they turned to robots and telework. They invested heavily in technology, which economists predict could result in one of the biggest boosts to worker productivity in years. This higher productivity forecast is one of the reasons the McKinsey Global Institute says the United States could see an economy that’s $3,500 per person bigger by 2024. But those gains are unlikely to be evenly distributed. Automation also has downsides, especially layoffs for workers without college degrees.
The same is true of the rise of automation during the pandemic. As companies looked for ways to reduce the number of people in an office, hotel or factory, they turned to robots and telework. They invested heavily in technology, which economists predict could result in one of the biggest boosts to worker productivity in years. This higher productivity forecast is one of the reasons the McKinsey Global Institute says the United States could see an economy that’s $3,500 per person bigger by 2024. But those gains are unlikely to be evenly distributed. Automation also has downsides, especially layoffs for workers without college degrees.