Tuesday, September 3, 2013

How Technology is destroying jobs [article]

MIT Sloan School of Management's Erik Brynjolfsson & Andrew McAfree predict that impressive advances in technology have ominous consequences for jobs:
 They believe that rapid technological change has been destroying jobs faster than it is creating them, contributing to the stagnation of median income and the growth of inequality in the United States. And, they suspect, something similar is happening in other technologically advanced countries.