In 1980, unemployment was at 6%, and pundits were warning us that robots were about to take millions of jobs.
-
and that we will *still* be hearing the same warnings in 2050. Beware! Productivity increases are about to ruin the economy!
Worth noting that we have now a larger middle class, lower prices on almost everything, higher life expectancy & more. Long live automation!
-
-
I don't think any of those things are true. Real purchasing power for median income is down, life expectancy has plateaued ...
-
housing and tuition costs are up, and the percentage of wealth controlled by a tiny minority has massively increased.
- Show replies
New conversation -
-
-
This is not true for South Africa! Very large inequality persists and the trend is not improving.
-
unemployment is well over 26% and increasing every year.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.