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The technology revolution has delivered Google searches, Facebook friends, iPhone apps, Twitter rants and shopping for almost anything on Amazon, all in the past decade and a half.
What it hasn't delivered are many jobs. Google's Alphabet Inc. and Facebook Inc. had at the end of last year a total of 74,505 employees, about one-third fewer than Microsoft Corp. even though their combined stock-market value is twice as big. Photo-sharing service Instagram had 13 employees when it was acquired for $1 billion by Facebook in 2012.
Hiring in the computer and chip sectors dove after companies shifted hardware production outside the U.S., and the newest tech giants needed relatively few workers. The number of technology startups fizzled. Growth in productivity and wages slowed, and income inequality rose as machines replaced routine, low- and middle-income, human-powered work.
This outcome is a far cry from what many political leaders, tech entrepreneurs and economists predicted about a generation ago. In 2000, President Bill Clinton said in his last State of the Union address: "America will lead the world toward shared peace and prosperity and the far frontiers of science and technology." His economic team trumpeted "the ferment of rapid technological change" as one of the U.S. economy's "principal engines" of growth.
The gap between what the tech boom promised and then delivered is another source of the rumbling national discontent that powered the rise this year of political outsiders Donald Trump and Bernie Sanders.
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Eventually there'll be only decent jobs for maybe 20% of the population: What economic system is needed for that??
(Score: 2) by tibman on Monday October 17 2016, @07:58PM
Perhaps "escape" means to stroll away then? Anyways, the OP's story still works here. If two people are running from the bear then you want to be the faster one. Playing dead would be terrible advice for someone trying to stay employed. "Is your job getting more competitive and those who fall behind are fired? Just stop advancing and pretend to be dead weight. Everything will work out fine."
I like how talking to the bear in a calm way is helpful. Morgan Freeman would not have an issue but i'd imagine some people would trigger an instant attack.
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(Score: 1) by khallow on Monday October 17 2016, @08:10PM
Perhaps "escape" means to stroll away then?
It means:
If the bear is stationary, move away slowly and sideways; this allows you to keep an eye on the bear and avoid tripping. Moving sideways is also non-threatening to bears. Do NOT run, but if the bear follows, stop and hold your ground. Bears can run as fast as a racehorse both uphill and down. Like dogs, they will chase fleeing animals. Do NOT climb a tree. Both grizzlies and black bears can climb trees.
(Score: 1) by khallow on Monday October 17 2016, @08:18PM
Playing dead would be terrible advice for someone trying to stay employed. "Is your job getting more competitive and those who fall behind are fired? Just stop advancing and pretend to be dead weight. Everything will work out fine."
Or job hop. Then you don't have to get into this sort of race at any location you work at. Of course, teleporting away from the bear stretches the analogy a bit too thin.