“Machines that learn (limited AGI) will obsolete ‘jobs’ FASTER than entrepreneurs can make them and people can retrain to fill them.” – John Robb
We need to rewire how we work. The machines are getting much better at the old world of work than we can ever be. Automation is the driver. Offshoring and outsourcing are temporary conditions until all routine labour gets replaced by software and machines.
“Since the processes of automation and offshoring will most likely continue, it is expected that the disappearance of routine jobs in the U.S. will also continue. Understanding the impact of polarization on the labor market is important and remains an active topic of economic research.” – Federal Reserve Bank of St Louis