Paul Krugman
๐ค SpeakerAppearances Over Time
Podcast Appearances
And in this case, souped up autocorrect, well, even if that's all it is,
but very souped up.
A lot of people's jobs are basically souped up or correct.
And those are, in many cases, jobs that we consider highly skilled.
So a lot of things in middle management, a lot of, I mean, I don't know if there's a way to get this, but things that I've noticed is that translation, translation software is not perfect, but damn good.
And
How many people were displaced by the fact that you don't actually need somebody who speaks Mandarin?
How many, yeah, just a lot of the jobs that we think, we like to imagine, and maybe we can talk about this, we like to imagine that the very highest creativity level stuff can't be automated, although that may come
That may come as a rude shock at some point, but a lot of stuff that's just a few rungs below that can go away.
I think in some ways the safest jobs are the ones that involve manual labor and dealing with the material world.
Right.
Well, I mean, my point of view is that since we don't know which jobs will be lost and we don't really know how to devise policies, honestly, we can do some things here and there, but efforts to deliberately promote the jobs of the future have
gone rather spectacularly wrong in many cases.
So safety net is mostly what you have.
Now, I have an American perspective where our safety net is extremely threadbare compared with Europe and our taxes are quite low.
And we could certainly do more of that.
Now, what it doesn't do, even if you can have a safety net which protects people from real immiscerization from the technology, you can't restore, you can't, it doesn't restore communities.
You know, if you have a community that is based around an industry that ceases to exist because it's either because of globalization, which is what mostly is the focus, but also just technology or even changes in taste.
So, I mean, I like to talk about the detachable collar and cuff industry of Troy, New York, right?
That just went away, right?