Close Menu
Karachi Chronicle
  • Home
  • AI
  • Business
  • Entertainment
  • Fashion
  • Politics
  • Sports
  • Tech
  • World

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Anduril faces intense investigation after multiple drones crash during US Air Force test

$52 million in defense contracts and $455 million in F-16 sales. Here’s what investors shouldn’t miss

Imran Khan is a caged tiger. Pakistan army holds all the cards.

Facebook X (Twitter) Instagram
  • Home
  • About us
  • Advertise
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram Pinterest Vimeo
Karachi Chronicle
  • Home
  • AI
  • Business
  • Entertainment
  • Fashion
  • Politics
  • Sports
  • Tech
  • World
Karachi Chronicle
You are at:Home » The economic shock of AI. Have you been here before?
Tech

The economic shock of AI. Have you been here before?

Adnan MaharBy Adnan MaharNovember 30, 2025No Comments3 Mins Read2 Views
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email


Factory industry engineer works in safety uniform and checks system of welding robot for steel electric welding by control system robot to automate industry manufacturing concept.

Today’s factory workers are engineers.

getty

There was a time when large-scale computer-driven automation replaced many jobs in the economy. It was the 1970s and 1980s, and computerized machine tools were rapidly gaining popularity, taking over the jobs of assemblers, parts makers, machinists, lathe operators, and more in industrial settings. This wave of automation was driven by intense global competition that threatened to drive many slow-moving manufacturers out of business.

In the process, the economy shifted from manufacturing labor to knowledge labor. Is there anything similar to the way artificial intelligence threatens the jobs of knowledge workers today? A team of researchers from Case Western University, Princeton University, and Brandeis University say that while there are similarities to the automation wave of the 1980s, they only go so far.

In this just-published study, economist and Case Western University professor David Klingsmith and his colleagues argue that workers may not be able to absorb the impact of the current AI wave as quickly as industrial workers in the 1980s because they had strong unions, concentrated influence, and clear retraining paths.

Look at the factory floor today compared to 40 years ago, the co-authors point out. “Modern factory floors are full of machines, but no people.
Computerized machine tools manufacture complex parts based on instructions encoded in computer programs, conveyors move parts from station to station, and robots assemble parts to create finished products. ”

Manufacturing jobs have not completely disappeared, but rather have evolved upwards. Instead of rows of low-skilled assembly line workers, today’s industrial workplaces are staffed with engineers, developers, and product experts. “Factory jobs increasingly require a sophisticated understanding of machine programming and often require a college degree.” Workers had union protection to stave off the initial shock, but they were also drawn en masse to retraining and education programs.

They previously pointed out that: “Machine tools required semi-skilled machinists to manually perform tasks to specifications,” they said. “Automation of machine tools has begun”
Widely popular in the 1970s. New computer numerical control (CNC) tools have replaced these routine tasks with detailed computer programs overseen by skilled workers. ”

Good results, at least at the time, came with increased competitiveness in the global economy. “In the metal manufacturing industry, where the use of CNC tools was high, labor productivity increased with little decline in total employment at either the industry or local labor market level,” the co-authors noted. “Labor demand has shifted from low- and medium-skill workers to college graduates.”

The combination of increased productivity, displacement from core operations, and limited overall employment places CNC between the significant automation advances of early 20th century factory electrification and the more minimal advances associated with it.
Industrial robots today. ”

In other words, the rise of factory automation in the 1980s, with an emphasis on employers providing training and education and opportunities for knowledge workers to grow their skill sets, can be seen as a long-term success story worth emulating in today’s AI environment. Things have changed, but the lesson is that advancements in advanced technology can be the tide that lifts all ships in the long run.



Source link

Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
Previous ArticleHow venture capital and private equity are powering AI-driven financial feedback loops
Next Article 2026 GRAMMY® Awards® Nominations Announced: Celebrating a Groundbreaking Year in Music
Adnan Mahar
  • Website

Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

Related Posts

Anduril faces intense investigation after multiple drones crash during US Air Force test

December 3, 2025

Why IBM’s CEO doesn’t think current AI tech can get to AGI

December 1, 2025

Counterfeit lithium-ion batteries invade the market

November 22, 2025
Leave A Reply Cancel Reply

Top Posts

20 Most Anticipated Sex Movies of 2025

January 22, 2025686 Views

President Trump’s SEC nominee Paul Atkins marries multi-billion dollar roof fortune

December 14, 2024131 Views

How to tell the difference between fake and genuine Adidas Sambas

December 26, 2024110 Views

Alice Munro’s Passive Voice | New Yorker

December 23, 202480 Views
Don't Miss
AI November 15, 2025

AI trackers: AI agents open the door to new hacking threats

As AI agents evolve, cybersecurity experts warn that they could become tools for hackers and…

FACTS IN : FACTS OUT – Join the call for truth in AI at the global stand for trusted news

Elon Musk says AI will take over all jobs and humans will be free to grow vegetables

New study finds AI assistants make widespread errors when it comes to news

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to Karachi Chronicle, your go-to source for the latest and most insightful updates across a range of topics that matter most in today’s fast-paced world. We are dedicated to delivering timely, accurate, and engaging content that covers a variety of subjects including Sports, Politics, World Affairs, Entertainment, and the ever-evolving field of Artificial Intelligence.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Anduril faces intense investigation after multiple drones crash during US Air Force test

$52 million in defense contracts and $455 million in F-16 sales. Here’s what investors shouldn’t miss

Imran Khan is a caged tiger. Pakistan army holds all the cards.

Most Popular

10 things you should never say to an AI chatbot

November 10, 20040 Views

Analyst warns Salesforce investors about AI agent optimism

July 1, 20070 Views

Musk says the Xai’s Grok 3 chatbot will be released on Monday

July 1, 20070 Views
© 2025 karachichronicle. Designed by karachichronicle.
  • Home
  • About us
  • Advertise
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.