Automation Did Not Cause the Great Depression, Einstein Said
Source: Albert Einstein said automation caused the Great Depression. It didn’t. (2025-07-02)
Albert Einstein clarified that automation was not responsible for the Great Depression, countering common misconceptions. The excerpt emphasizes that despite fears, automation did not trigger the economic downturn, according to Einstein's perspective. The article hints at a broader discussion about the impact of automation on economic history and dispels myths linking technological progress to major financial crises. It encourages readers to reconsider assumptions about automation's role in past economic events.