Why the Coming Jobs Crisis Is Bigger Than You Think

Art Bilger, Knowledge@Wharton, Dec 15, 2016
Commentary by Stephen Downes

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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