Will Humans go the way of horses?

Question 1

explain the 2 POVs

Answer 1

• technologies ill replace the needful labor
• reducing cost of production-> lower price of good-> greater demand->more labor

Question 2

Reasons why humans won’t be replaced

Answer 2

• Humans want to be served by other humans (social species)
• mental and physical advantage
• can influence economic outcomes (wages democratic process)

Question 3

Governments should

Answer 3

equip workers with valuable skills
enact policies to stimulate entrepreneurship