--- title: "Meaning & Key Takeaway of: Here's a startling fact: in the 45 years…" description: "\"Here's a startling fact: in the 45 years since the introduction of the automated teller machine, those vending machines that dispense cash, the number ..." image: "https://sms4smile.com/quotes/i/81d/david-autor-14811_bank_here-s-a-startling-fact-in-the-45-years_590823.jpg" --- # Here's a startling fact: in the 45 years since the… ![“Here's a startling fact: in the 45 years since the introduction of the automated teller machine, those vending machines that dispense cash, the number of human bank tellers employed in the United States has roughly doubled, from about a quarter of a million to a half a million.” quote by David Autor](https://sms4smile.com/quotes/i/81d/david-autor-14811_bank_here-s-a-startling-fact-in-the-45-years_590823.jpg) [Download](https://sms4smile.com/quotes/i/81d/david-autor-14811_bank_here-s-a-startling-fact-in-the-45-years_590823.jpg) [Open image](https://sms4smile.com/quotes/i/81d/david-autor-14811_bank_here-s-a-startling-fact-in-the-45-years_590823.jpg) > “Here's a startling fact: in the 45 years since the introduction of the automated teller machine, those vending machines that dispense cash, the number of human bank tellers employed in the United States has roughly doubled, from about a quarter of a million to a half a million.” [David Autor](https://sms4smile.com/quotes/author/david-autor/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Automation can increase demand for certain jobs, leading to more human tellers despite machines handling cash. **In simple terms:** Automation can create jobs, not just replace them. Key Takeaway Recognize that tech may shift labor, not eliminate it. Themes technology labor market automation economic paradox Mood analytical neutral Type economic observational When to use this quote - banking sector hiring - policy analysis - career counseling Key Concepts Job creation skill adaptation service demand Questions to Reflect On - How does automation reshape job roles? - What policies support workers in tech-driven changes? A Different Perspective Automation may also cause job displacement in other areas. ★ ★ ★ ★ ★ No ratings yet [Computers](https://sms4smile.com/quotes/about/computers/) [Human](https://sms4smile.com/quotes/about/human/) [Introduction](https://sms4smile.com/quotes/about/introduction/) [Machines](https://sms4smile.com/quotes/about/machines/) [Vending machines](https://sms4smile.com/quotes/about/vending-machines/) ## Related quotes > [“He was thinking about automated teller machines. The term was aged and burdened by its own historical memory. It worked at cross-purposes, unable to…](https://sms4smile.com/quotes/don-delillo/he-was-thinking-about-automated-teller-machines-the-term-was-aged-and/) [Don DeLillo](https://sms4smile.com/quotes/author/don-delillo/) > [When all of your decisions are based on economics, you end up with a sameness of vision. 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