Karl William Kapp

Karl William Kapp was a prominent American economist and educator known for his work on the economics of technology and the impact of automation on labor. He is best recognized for introducing the concept of "automation" in the workplace and exploring its effects on employment and productivity. Kapp argued that technological advancements can lead to job displacement, but also create new opportunities. His ideas have influenced discussions on economic policy, labor markets, and the relationship between technology and society, emphasizing the need for thoughtful planning to address the changes brought about by innovation.