Here's the comparison with Excel: it has eliminated thousands upon thousands of low-end coding jobs. But now knowing anything else carries a huge premium. It u

Here's the comparison with Excel: it has eliminated thousands upon thousands of low-end coding jobs. But now knowing anything else carries a huge premium. It used to be the case that if economists who wanted to do any quantitative analysis at all had to know Fortran 77 - and punch cards in batch mode. Now people in my field who know some Matlab are already seen as wizards.