Technology’s Impact on Growth and Employement

Technology has always fueled economic growth, improved standards of living, and opened up avenues to new and better kinds of work. Recent advances in artificial intelligence and machine learning, which brought us Watson and self-driving cars, mark the beginning of a seismic shift in the world as we know it. To navigate the unstable labormarket and seize the plentiful opportunities offered by new technologies, we must find a way to more quickly adapt. By continually updating our skills and seeking alternative work arrangements, we can “race with the machines.” Whether we like it or not, change is coming, and the worst move of all would be to ignore it.
ByAdam SaundersinThe Age of Perplexity: Rethinking the World We Knew.