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How Technology Is Destroying Jobs, Part 2

Income inequalities that worried economists for decades have greatly widened

MIT News
Wed, 06/19/2013 - 12:12
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Editor’s note: This is part two of a two-part series on how technology is, in part, behind the sluggish employment growth of the last 10 to 15 years. To read part one, click here.

To get some insight into Harvard economist Lawrence Katz’s question, “Will the job disruptions caused by technology be temporary as the workforce adapts, or will we see a science-fiction scenario in which automated processes and robots with superhuman skills take over a broad swath of human tasks?” it is worth looking at how today’s most advanced technologies are being deployed in industry.

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