2 ms·
This time around, the tech disruption different. Technology is getting faster, faster (e.g. see: http://www.economist.com/blogs/graphicdetail/2014/03/daily-ch
by payne92 10y ago
This time around, the tech disruption different.
Technology is getting faster, faster (e.g. see: http://www.economist.com/blogs/graphicdetail/2014/03/daily-chart-7?%3Ffsrc%3Dscn%2F=tw%2Fdc http://www.economist.com/blogs/graphicdetail/2014/03/daily-c...)
Unlike the past, technology is now getting deployed faster than the labor force can retrain (at scale), and youngster's initial career decisions become obsolete faster than ever.
This is creating a non-linearity in the cycle of destroying jobs and creating new ones that hasn't happened before.