If ‘The Economist’ thinks automation will destroy jobs, why is it so fanatically pro-immigration?

You know a topic has attained the level of Mainstream Concern when it gets a cover story at The Economist magazine. The January 18th issue of that magazine features as first leader a 1,300-word warning about imminent technological changes destroying great swathes of the market for human labor, in particular the office-worker sector of that market.

Quote from “Coming to an office near you”, The Economist, Jan. 18th

When Instagram, a popular photo-sharing site, was sold to Facebook for about $1 billion in 2012, it had 30m customers and employed 13 people.

Kodak, which filed for bankruptcy a few months earlier, employed 145,000 people in its heyday.

The leader comes with a longer (3,800-word) inside article and a lurid cover picture showing tornadoes sweeping destructively through an open-plan office. In a metaphor-switch almost as jarring as a pink slip from Kodak, the inside article is titled “The onrushing wave” and is illustrated with a tsunami.

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