China Banned Companies from Laying Off Employees and Replacing Them With AI. Do Economists think that is a Good Idea or a Dumb Idea?
China has had a series of court rulings saying that companies could not lay off workers and then replace them with AI.
>“The development of artificial intelligence technology should be applied to liberating labor, promoting employment and improving people’s livelihood. Labor law allows employers to undertake technological changes and upgrade their operations, but it should also take into account the protection of workers’ legitimate rights and interests."
Do economists think that is a good idea or a bad idea?