Sunday, January 20, 2013

Where Are the World's Jobs Going?

Where are the world's jobs going?
In the U.S., India, China, Europe, Asia -- everywhere?

And how will they be replaced?

Here's a fascinating video interview with some experts, from last Sunday's "60 Minutes":

From the video:

"Economic evolution has been going on for centuries and society has always successfully adapted to technological change creating more jobs in the process.
But Erik Brynjolfsson and Andrew McAfee of MIT think this time may be different.
Erik Brynjolfsson: Technology is always creating jobs. It’s always destroying jobs. But right now the pace is accelerating. It’s faster we think than ever before in history. So as a consequence, we are not creating jobs at the same pace that we need to.
Andrew McAfee: And we ain’t seen nothing yet.
The changes are coming so quickly it’s been difficult for workers to retrain themselves and for entrepreneurs to figure out where the next opportunities may be.

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