For most people, a secure, well-paid job is the difference between a reasonable life and penury. Today, changes in the structure of the work force driven by globalization and technology make this objective increasingly elusive.
Technology has exacerbated declines in employment and incomes by eliminating tasks and “de-skilling” many jobs.
Robotics and complex computerized equipment has successfully replaced skilled labor. Computer software is now replacing journalists, synthesizing news items electronically by crawling the internet. Even traders in financial markets are being replaced by automated algorithms.In the late-20th century, global supply chains allowed lower-paid workers to displace expensive counterparts in more developed […]