3 ms·
The "premature deindustrialisation" phenomenon was the most interesting/novel part of this article. The rest is the normal AI/MOOC/software-eating-everything ha
by thrmsforbfast 8y ago
The "premature deindustrialisation" phenomenon was the most interesting/novel part of this article. The rest is the normal AI/MOOC/software-eating-everything hand-wringing.
However, somewhat ironically, the actual paper that's cited [1] seems to disagree with the author's characterization:
> In sum, while technological progress is no doubt a large part of the story behind employment deindustrialization in the advanced countries, in the developing countries trade and globalization likely played a comparatively bigger role.
[1] http://www.nber.org/papers/w20935 http://www.nber.org/papers/w20935