The displacement force is different this time, impacting cognitive and white-collar work rather than factory floors. But every other element of the structure is remarkably familiar: a powerful disruption, immediate job losses in exposed sectors, and a wave of offsetting gains that keep headline unemployment low.
The fact that we call most of the new tasks "services" doesn't change the fact that the set of new human tasks seems to have expanded faster than machines have replaced old ones.
2mo ago
Underscored — save the words that stop you in your tracks.
