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Why the industrial revolution is not relevant to today's economy
1 point by _juof on Feb 22, 2010 | hide | past | favorite
In the debate about technology and unemployment, people often use examples from the past and say "new types of jobs will be created".

But the problem is not of jobs, but of basic skills. Every job is built upon basic skills(intelligence , physical power, vision , dexterity ,human skills, etc...). In the past, technology reduced the need of certain skills , but increased the need of other skills. So new jobs had been created , and all was well.

But you can't create newer skills , By definition.

If you take a broad survey of technology (and include outsourcing in the mix) , it seems that in the near future there's only a minority of skills that can't be affected in a big way by technology or outsourcing.

So this makes the case that the current technological revolution would be totally different than the industrial revolution.




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