Technology Vs the Middle Classes
“I would like to be wrong but when all these science-fiction technologies are deployed, what will we need all the people for?” (LinkedIn )
Renowned culture expert Douglas Rushkoff (author of numerous books including new one ‘Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity’) cites MIT professor Andrew McAfee’s dystopian vision to note that ‘growth of an economy does not mean more jobs or prosperity for the people living in it.’
“Productivity is at record levels, innovation has never been faster, and yet at the same time, we have a falling median income and we have fewer jobs. People are falling behind because technology is advancing so fast and our skills and organizations aren’t keeping up.” (Technology Review)
MIT Professor Erik Brynjolfsson, speaking in a 2013 article explaining ‘How technology is destroying jobs’.