Why technology eliminates jobs but doesn’t increase the level of unemployment even though for more than 50 years that has been the worry.
In this episode you’ll learn:
- How fear of technology destroying jobs has been around for decades.
- What is the relationship between GDP growth, employment and productivity.
- How more and more jobs are involved in services dealing with complexity.
- What types of jobs are less likely to be replaced
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Show Notes
Report by the National Commission on Technology, Automation and Economic Progress
Labor Force Statistics from the Current Population Survey
Labor Force, Employment and Earnings – 1977
What the future of work will mean for jobs, skills and wages – McKinsey Global Institute
Productivity and Unemployment – O. Blanchard, R. Solow and B.A. Wilson
How Cashews Explain Globalization – Wall Street Journal
