The Machine That Ate Jobs

Insecurity about jobs is a defining characteristic of our age. Two worries arise most often: globalization, which makes jobs migrate to poorer regions, and computer technology, which can make them disappear altogether.

These worries plague people of all incomes, ages, and in all countries. As shown by Mexico's laments about job losses to China, people in emerging countries worry as much as those in advanced countries. In response, politicians propose various job retraining or education programs, but rarely confront the real long-term issues.

Worries about globalization and the computer revolution ultimately boil down to the same thing, because globalization is mostly a consequence of new information technology. Computers and the Internet made it possible to send information almost costlessly, and to do business across cultures and continents.

To continue reading, please log in or enter your email address.

To read this article from our archive, please log in or register now. After entering your email, you'll have access to two free articles from our archive every month. For unlimited access to Project Syndicate, subscribe now.

required

By proceeding, you agree to our Terms of Service and Privacy Policy, which describes the personal data we collect and how we use it.

Log in

http://prosyn.org/JDgFRcJ;

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated cookie policy and privacy policy.