“Trump has made a policy cornerstone out of his trade war with China, elevating the automation-breeds-competitiveness argument. Companies could be propelled toward faster automation and accelerate a coming topsy-turvy future of work.”
If the robots are indeed taking our jobs, shouldn’t we all probably be working less? On Thursday, a proposal backed by eminent British progressives is making the call to transition to a four-day workweek by 2025.
As technological breakthroughs rapidly shift the frontier between the work tasks performed by humans and those performed by machines and algorithms, global labour markets are likely to undergo major transformations.
Harvard economist Ed Glaeser says something dark is going on within a chunk of U.S. geography stretching north from Louisiana to Michigan. The “Eastern Heartland,” as he calls it, is an “epicenter of troubled America, an epicenter of hopelessness.”