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The Human Cost of Automation: Jobs Lost vs. Lives Improved

  • Automation brings benefits like faster turnaround times, lower error rates, reduced costs, and new opportunities in emerging sectors.
  • However, millions of jobs are at risk of automation by 2030, leading to psychological impacts, economic inequality, and social disruption.
  • The focus should shift from job security to skill security, emphasizing lifelong learning, upskilling, and prioritizing human capabilities like creativity and empathy.
  • The ethical dilemma lies in balancing efficiency gains from automation with societal well-being, ensuring technology uplifts humanity without leaving people behind.

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