technology-impact

1 article
sort: new top best
clear filter
0 2/10

This article refutes the common claim that ATMs didn't displace bank tellers by showing that bank teller employment has actually declined sharply since 2000, with the iPhone—not the ATM—being the actual driver of job loss. The author argues that true technological displacement occurs through the creation of new paradigms rather than simple task automation.

J.D. Vance Ross Douthat Barack Obama Scott Alexander Matt Yglesias Freddie deBoer Daron Acemoglu David Autor James Bessen Sam Walton
davidoks.blog · colinprince · 3 days ago · details · hn