Why machines will not replace humans in the labor market

(National Research University Higher School of Economics) Deputy Director of the Centre for Labour Market Studies at the Higher School of Economics Rostislav Kapeliushnikov says that predictions of a 'labor market apocalypse' with mass loss of jobs caused by technological progress are unfounded; despite having been made numerous times throughout modern history, they have never come true. The results of his research were published in the article 'Is Technological Change a Devourer of Jobs?'