Technology-driven widespread unemployment ("the robots will take all the jobs") is, like wizards who fly spaceships, a fun premise for science fiction but difficult to find examples for in economic history. (The best example I know is for horses.)
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Replying to @patio11
@dsmarkovits has argued that there's been a tech and finance driven separation of professions into a skilled tier (management and engineering at HQ) and a deskilled tier (bank retail employee who enters stuff into computer, Uber driver who follows GPS).1 reply 0 retweets 2 likes -
Contrast with former profession of local loan officer who used to have make decision-making authority. The deskilled tier isn't unemployment, but wages and social mobility are bad.
@DSMarkovits discussed this on the Ezra Klein show recently:https://podcasts.apple.com/us/podcast/when-meritocracy-wins-everybody-loses/id1081584611?i=1000450823662 …1 reply 0 retweets 1 like
This was a really good podcast recommendation. Thanks! (I think I disagree with about half of it, but it is a good, thoughtful conversation with enough departure from the consensus to be fresh and interesting.)
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