Technology is threatening living standards of low-skilled workers - Dallas Fed president
Millions of US workers are “having a hard time”, Kaplan says
Technological innovations are improving productivity at the company level, but are also increasing the risk of job loss for low-skilled workers, said the president of the Federal Reserve Bank of Dallas, Rob Kaplan.
Technology-enabled disruption “means workers are increasingly seeing their job being restructured, or seeing their job even eliminated, due to automation and investment in technology,” said Kaplan in a video posted on May 24.
“If you have a high-school education or less, which is
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