Race Against the Machine

19 Nov 2011 /

We don’t believe in the coming obsolescence of all human workers. In fact, some human skills are more valuable than ever, even in an age of incredibly powerful and capable digital technologies. But other skills have become worthless, and people who hold the wrong ones now find that they have little to offer employers. They’re losing the race against the machine, a fact reflected in today’s employment statistics. . . .

There is no economic law that says that everyone, or even most people, automatically benefit from technological progress.

— Erik Brynjolfsson and Andrew McAfee, Race Against The Machine

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