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View Diary: the new outsourcing; why the jobs are NEVER coming back. (316 comments)

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  •  Only thing (3+ / 0-)
    Recommended by:
    BramP, bluehammer, AoT

    this time, the number of new jobs created by the technology does not equal the number of jobs lost by technology.

    For example, the roll over from horses to cars created a massive industry full of all sorts of jobs and complimentary businesses.  It made MORE jobs than it replaced.

    But this time, the switch is more cannibalistic.  The technology creates DIFFERENT jobs, but not MORE than it replaced.

    That's a problem.  A problem that's getting bigger and bigger.

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