underscored

@underscored

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Tag:technology-disruptionClear

Some of those predictions were made two years ago — that in two years, 50% of jobs would be wiped out. Well, two years is up. Let's take a look. And anybody who makes that prediction for two years from now, I'm willing to take the bet.

James Manyika
3w ago

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.

1mo ago

The quirky art culture, vibrant street scenes, and mosaic of small independent businesses that defined 2000s Japan are vanishing under the relentless assault of aging, economic stagnation, and social media.

2mo ago

Over the past fifty years, the U.S. economy built a giant rent-extraction layer on top of human limitations: things take time, patience runs out, brand familiarity substitutes for diligence, and most people are willing to accept a bad price to avoid more clicks. Trillions of dollars of enterprise value depended on those constraints persisting.

2mo ago

The deeper problem appears to be that the tech is not a meaningful job creator or increasing productivity outside of a few roles even in technology companies.

3mo ago

Underscored — save the words that stop you in your tracks.

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