In a recent interview, former Reagan economic adviser Art Laffer discussed the increasing role of automation in boosting productivity. He criticized port workers who are resisting automation during an ongoing strike, labeling them as 'misinformed' about the benefits of technological advancements in the workplace.
As automation technology continues to gain traction across various industries, companies that specialize in automation solutions are likely to see growth opportunities. This could lead to increased investment in stocks that focus on automation and robotics, which are deemed essential for enhancing productivity and efficiency.
Oct 3, 2024, 6:00 AM
The dockworkers strike is the next chapter in the workers vs. automation and AI story — one that won't be finished anytime soon.
Former Reagan economic adviser Art Laffer says port workers are 'misinformed' as they dismiss automation amid ongoing strike.