Quote:
Originally Posted by murraypaul
I think it is pretty clear that the impact of technology has been, over a long period of time, to replace a large number of jobs with a smaller number of higher skilled jobs.
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Well...except all the skilled jobs that are replaced by automation into unskilled jobs. Used to be that "making" took a craftsman. With the advent of the assembly line and other automation, making turned into low skilled factory work.
Then automation went on to start replacing those low skiled jobs that were created by automation in the first place.
Creative destruction. We can only hope it keeps being balanced out by job innovation. Just because it always has, doesn't mean it always will.