Technic's creative destruction

[ish mailian]

Yet in the past technology has always ended up creating more jobs than
it destroys. That is because of the way automation works in practice,
explains David Author, an economist at the Massachusetts Institute of
Technology. Automating a particular task, so that it can be done more
quickly or cheaply, increases the demand for human workers to do the
other tasks around it that have not been automated.

But the uncertainty, the unpredictability! Think of the malaise as a
prospective member of the workforce taking on a huge debt burden,
college tuition, to get a safe job, say pharmacy, only to discover at
graduation that there are no jobs in pharmacy, that the demand for
jobs is in areas that no one ever imagined would exist.

http://www.economist.com/news/special-report/21700758-will-smarter-machines-cause-mass-unemployment-automation-and-anxiety
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Pynchon-l / http://www.waste.org/mail/?list=pynchon-l