- Apr 29, 2011
- Reaction score
- Midwest U.S
- Political Leaning
How Technology Is Destroying Jobs | MIT Technology Review
How many of you libertarian free-market shills think you're smarter than a bunch of professors at M.I.T.? An economic paradigm shift is coming, and it won't be pretty. This society better start thinking about how to solve technological unemployment. The beginning of the end of capitalism is nearer than you think. The Super Rich better be ready now. Technology will not only eat jobs, it will eventually eat them too. Welcome to the revolution, baby.That robots, automation, and software can replace people might seem obvious to anyone who’s worked in automotive manufacturing or as a travel agent. But Brynjolfsson and McAfee’s claim is more troubling and controversial. 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.