Friday, March 14, 2014

Bill Gates Says Neither People Nor Governments Are Prepared for the Huge Changes Coming to the Labor Market | TheBlaze.com

Bill Gates Says Neither People Nor Governments Are Prepared for the Huge Changes Coming to the Labor Market | TheBlaze.com: "Within 20 years, “software substitution” will dramatically reduce the demand for many types jobs, Bill Gates said Thursday at the American Enterprise Institute. It’s a gloomy prediction that he says many people, including governments, aren’t prepared for.

Make no mistake, “software substitution” is a fancy way of saying software automation — as in “bots” and whatnot. Many of the jobs that could be eliminated are lower skill occupations."



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