If someone discovers a cure for the common cold, should he or she hide it to protect the jobs of all the people who work in the huge cold-medicine industry?
Identify reasons why so many people react negatively to advances in technology that eliminates some jobs.
No. If someone did that it would then show capitalism at its best. People would only do that with only money in mind rather than people. According to the CDC, about 36,000 Americans die on average per year from the complications of flu. Those 36,000 lives could be saved if there were a cure.
Advances in technology create new jobs while eliminating jobs many as well. With advances in technology we can see the number of jobs lost rather than the number of jobs that could be created. People react more negatively than positively because of money. They see that jobs may be lost and thus leaving many without jobs and effecting the economy. I think because we live in a capitalistic society, people naturally think ogf how issues will affect money.
It just shows how people value money in society.
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