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Wednesday, January 30, 2013

SCIENCE/TECHNOLOGY: WILL SMART MACHINES CREATE A WORLD WITHOUT WORK?

An Associated Press analysis of employment data from 20 countries found that millions of midskill, midpay jobs already have disappeared over the past five years, and they are the jobs that form the backbone of the middle class in developed countries.

That experience has left a growing number of technologists and economists wondering what lies ahead. Will middle-class jobs return when the global economy recovers, or are they lost forever because of the advance of technology? The answer may not be known for years, perhaps decades. Experts argue among themselves whether the job market will recover, muddle along or get much worse.

http://bigstory.ap.org/article/will-smart-machines-create-world-without-work

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