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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.
Definition source: English Wiktionary via Wiktextract
Usage: uncountable
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
No etymology was provided for this word.
Across languages
Translations
4 source translations are retained for this English entry.
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Bulgarian:
технологична безработица
(tehnologična bezrabotica)
— unemployment caused by the replacement of workers by machines
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French:
chômage technologique
— unemployment caused by the replacement of workers by machines
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Georgian:
ტექნოლოგიური უმუშევრობა
(ṭeknologiuri umuševroba)
— unemployment caused by the replacement of workers by machines
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Romanian:
șomaj tehnologic
— unemployment caused by the replacement of workers by machines