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The fear of technology-driven unemployment and its …
WebNew technology may not reduce employment where process innovations reduce costs and the resultant price reductions increase demand for product but if wages and prices are inflexible in non competitive market a labour saving innovation may reduce cost but not price a strong union movement may prevent wage falls. WebDr. Sriram (Sri) Kalyanaraman (Ph.D., Penn State) is a professor at the University of Florida College of Journalism and Communications. He is also the founding director of the ... dogfish tackle \u0026 marine
Here’s how technology has changed the world since 2000
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