By Siddharth Singh, 16th June, 2015
Among other disruptions, this blog intends to look at conversations surrounding the increasing automation of the global economy – and its impact on the employment of human labour. (There have already been three posts on this issue: 1, 2 and 3).
However, this concern is hardly a new one. From a similarly themed series of articles on MIT Technology Review,
Worries that rapidly advancing technologies will destroy jobs date back at least to the early 19th century, during the Industrial Revolution in England. In 1821, a few years after the Luddite protests, the British economist David Ricardo fretted about the “substitution of machinery for human labour.” And in 1930, during the height of the worldwide depression, John Maynard Keynes famously warned about “technological unemployment” caused by “our discovery of means of economising the use of labour.” (Keynes, however, quickly added that “this is…
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Utopia, you are standing in it! 
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