technological unemployment en · NOUN
Meanings
- (uncountable) Unemployment caused by technological advances. This includes machines and software substituting for human labor, advances in efficiency negating the need for friction-based jobs, and increased data availability undermining professions that rely on information asymmetry.
Relateds
Marxian unemployment · frictional unemployment · classical unemployment · cyclical unemployment · structural unemployment · seasonal unemployment
Translations (4)
bg технологична безработица (unemployment caused by the replacement of workers by machines) · ro șomaj tehnologic (unemployment caused by the replacement of workers by machines) · ka ტექნოლოგიური უმუშევრობა (unemployment caused by the replacement of workers by machines) · fr chômage technologique (unemployment caused by the replacement of workers by machines)