The belief that technological advancement and labor-saving machinery lead to long-term unemployment is a persistent economic fallacy. While new technologies may displace some workers in the short run, they also create new jobs, increase productivity, reduce prices, and improve overall living standards. Machines enhance the efficiency of production processes, enabling the same output to be achieved with less labor. This frees up resources that can be deployed in other industries, generating additional employment opportunities. Furthermore, the cost savings from increased productivity are passed on to consumers in the form of lower prices, which increases real wages and stimulates demand across the economy. Historically, the introduction of new technologies has consistently led to net job creation over time, demonstrating that innovation is a key driver of economic growth and prosperity.