The 1960s video report embedded below about computers includes footage of American college students asking concerned questions about automation and the coming technological unemployment. No different than today, really. Luddite-ism is never the answer, though political solutions may be required. A couple weeks back, Newsweek referred to its 1965 cover story, “The Challenge of Automation.” An excerpt:
In 1965, America found itself facing a new industrial revolution. The rapid evolution of computers provoked enormous excitement and considerable dread as captains of industry braced themselves for the age of automation.
Newsweek devoted a special edition to discussing “the most controversial economic concept of the age” in January 1965. “Businessmen love it. Workers fear it. The government frets and investigates and wonders what to do about it,” the report began. “Automation is wiping out about 35,000 jobs every week or 1.8 million per year.”•