Posted on | December 29, 2013 | 23 Comments
Technological progress is going to leave behind some people, perhaps even a lot of people, as it races ahead. . . . [T]here’s never been a better time to be a worker with special skills or the right education, because these people can use technology to create and capture value. However, there’s never been a worse time to be a worker with only ‘ordinary’ skills and abilities to offer, because computers, robots, and other digital technologies are acquiring these skills and abilities at an extraordinary rate.
Why should this bother you? Well, there’s the insulting self-congratulatory smugness of it. Here are two guys with degrees from Harvard and MIT telling us that “special skills or the right education” are the keys to success. Translation: “Yea for us!”
And as for you hopeless dimwits “with only ‘ordinary’ skills and abilities to offer”? Tough luck. Should have gone to Harvard.
Robots will now replace whatever “ordinary” functions were previously performed by people without Harvard diplomas. We know this to be true because two Harvard graduates predicted it.