Technology kills some jobs but provides many more. Milton Friedman was visiting some third world country once and he asked his guide why men were trying to build roads using shovels. His guide replied that if they were to use equipment, there would be fewer jobs for laborers. Friedman’s response was, “Then why not have them use spoons?”
Progress and technology are not the enemy. It frees people to do more constructive things with the time that the techology has saved them. The real destroyer of jobs and wealth is, as always, government.
Such as? Keep in mind that technology has automated many of those very things that were freed up originally, and the nature of the technology means those jobs can be done anywhere in the world with the required technical infrastructure....a lot has changed in just the last 10 years. Not to mention that the vast majority of workers are ill-equipped to keep up with the changes.
“Technology kills some jobs but provides many more.”
That’s OK so long as our population remains technologically adept. But US companies have been sending their manufacturing and engineering operations overseas. And at the expense of math and science, our schools are teaching kids that there is more than one way to be a boy. Instead of spoons we’ll be digging ditches with tweezers.