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Author: dlbuffy Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 442471  
Subject: Lost jobs, looking at wrong thing? Date: 10/5/2012 11:48 AM
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The start of this Ted Talk has some interesting information. While the economy is growing, jobs not so much. This election season has attempted to place all the blame on a person.

This talk suggests differently.

http://www.ted.com/talks/andrew_mcafee_are_droids_taking_our...

I tend to agree, that we are moving into a time when we won't be able to employ everyone. It just won't happen. We are making things so much more efficient, fewer people can meet all the needs of business. Every recession, every contraction has RAISED productivity. That means that fewer people needed to do the same work.

There is no way to reverse this as technology improves.

How do we deal with that?
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