Why the Coming Jobs Crisis Is Bigger Than You Think

Art Bilger, Knowledge@Wharton, Dec 15, 2016
Commentary by Stephen Downes
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This has come up in other discussions as well. "No matter which political party holds the White House or Congress, over the next 25 years, 47% of jobs will likely be eliminated by technology and globalization." Well then, won't new jobs replace the ones we lose? Maybe not. "What would our society be like with 25%, 30% or 35% unemployment?" asks venture capitalist Art Bilger. I think we can imagine, since it's a reality faced in various nations around the world today. But it raises the question: what should we be training our children and youth of today for? Job training seems so irrelevant in a world without jobs.

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