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Newsmax: How Automation Will Change Future Workforces

As an undergraduate economics major, I studied British economist John Maynard Keynes and his teachings.

One Keynesian economics theory from the early 1930s predicted widespread technological unemployment. However, he further stated that technological unemployment would only be a temporary phase of maladjustment and predicted that the standard of life in progressive countries, 100 years later, would be between four to eight times as high as it is now.

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