Robots eliminate jobs more than they create

NT$22K/mo too low? Probably not quite. In tonight's CBS "60 Minutes", it was reported that companies can spend US $23K to buy a robot and can "teach" the robot immediately to perform productive assignment. It can last for 3 years, i.e., equivalent to US$3.4/hr which is roughly NT$22K/mo. It is the hard fact, as claimed by experts, that new technology may eliminate jobs more than it creates. This ominous prediction had been claimed before. However, this time may be different and most of the unskilled works worldwide will continue to lose their jobs as times go on in the future.