Post Labor Economics Pronunciation: /poʊst ˈleɪ.bər ˌiː.kəˈnɒm.ɪks/ (post LAY-bur ee-kuh-NOM-iks) Part of Speech: Noun
Definition: An economic theory or framework that explores the structures, policies, and societal impacts of economies where human labor is no longer the primary driver of production, largely due to advanced automation and artificial intelligence. Post Labor Economics examines issues such as income distribution, employment, value creation, and social welfare in contexts where machines and algorithms perform most forms of work traditionally done by people.
Example: As robots and AI began to dominate manufacturing and service industries, policymakers and researchers turned to post labor economics to address new questions about universal basic income and economic sustainability.