...productivity, or output per hour of work, has quadrupled since 1947 in the United States while employment has not risen at nearly the same rate.Read more here.
What this means is that many companies are producing more goods and services without having to employ more people.
Other research suggests in the next 15 to 20 years, 47 percent of all existing employment is at risk of automation. Even more startling, there’s little to suggest new jobs will be created at the pace necessary to compensate for this loss.
...As technology has replaced jobs requiring repetitive labor, we’ve seen an explosion in the diversity of creative output in the world.
...The developments and innovations produced by passion, and aided by technology, have stretched the imagination. From the realization of many concepts formerly considered science fiction, to the creation of new forms of art, we already stand in awe of what passion and innovation can achieve.
Just imagine a world where that output is expanded exponentially.
This blog is looking for wisdom, to have and to share. It is also looking for other rare character traits like good humor, courage, and honor. It is not an easy road, because all of us fall short. But God is love, forgiveness and grace. Those who believe in Him and repent of their sins have the promise of His Holy Spirit to guide us and show us the Way.
Friday, August 26, 2016
Overly optimistic?
Well here is one guy who remains optimistic about the future. S. Vollie Osborn writes,
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