Anonymous ID: 95e036 Feb. 5, 2019, 4:57 a.m. No.5035772   🗄️.is 🔗kun   >>5774

https://www.nytimes.com/2019/02/04/business/economy/productivity-inequality-wages.html

 

Tech Is Splitting the U.S. Work Force in Two

A small group of well-educated professionals enjoys rising wages, while most workers toil in low-wage jobs with few chances to advance.

 

But the cost of automation to workers and society could be substantial. “It may well be that,” Mr. Summers said, “some categories of labor will not be able to earn a subsistence income.” And this could exacerbate social ills, from workers dropping out of jobs and getting hooked on painkillers, to mass incarceration and families falling apart.

 

Silicon Valley’s dream of an economy without workers may be implausible. But an economy where most people toil exclusively in the lowliest of jobs might be little better.

 

UNDERSTATEMENT?