Zohar Lazar Look at economic data closely and the trends aren’t pretty: People with elite backgrounds are hoovering up an increasing share of new income and wealth. Automation is obviating more and more jobs. In the years to come, we’ll need new forms of employment. Let’s crystal-ball this: Will there be a new way for the working class of the future to earn a paycheck? Sure. Playing videogames.
That’s the bold prediction of Edward Castronova, an academic at Indiana University who studies the economics of online games. In a white paper released last fall, he argues that within 20 years, […]
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