Every time pundits warn us that technology will swamp job creation, they are proved wrong.
In 1962, President John F. Kennedy openly fretted about how we would “maintain full employment at a time when automation is replacing men.”
At the time, total U.S. employment was 55 million. Today it is 144 million.
The lesson here? People and businesses adapt. They always have. They always will.
Embrace – better yet, invest in – the Robot Revolution. If you’re interested, there’s even an ETF devoted to the idea: ROBO Global Robotics and Automation Index ETF (Nasdaq: ROBO)…
Read More: Why I’m Bullish on “The Robot Revolution”