9.2% Unemployment? Blame Microsoft.
blogs.forbes.com
9.2% Unemployment? Blame Microsoft.
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Re: 9.2% Unemployment? Blame Microsoft.
#2One of those articles that just waste your time, catchy title but nothing really interesting or new.
Re: 9.2% Unemployment? Blame Microsoft.
#3Good article, though i disagree with his conclusion that natural unemployment is going to fundamentally change. He is arguing that the economy is in a state of change and the losers in this creative destruction are those in low skilled jobs. so that explains the currently high unemployment, but to argue that we are at a new natural level doesn't seem justified. As the population (albeit slowly) retrains to participate in the higher skilled labor market employment will rise.
This is somewhat similar to the classic dismal science (http://en.wikipedia.org/wiki/The_dismal_science) argument. Even though there is high unemployment now arguing that the economy cannot find a use for these people seems very short sighted.
Re: 9.2% Unemployment? Blame Microsoft.
#4incorrect and stupid article especially the title
Re: 9.2% Unemployment? Blame Microsoft.
#5Everyone who thinks this is thought provoking needs to read http://www.thelightsinthetunnel.com/ ( free ) to really understand the magnitude of this problem.
Re: 9.2% Unemployment? Blame Microsoft.
#6Good article, though i disagree with his conclusion that natural unemployment is going to fundamentally change. He is arguing that the economy is in a state of change and the losers in this creative destruction are those in low skilled jobs. so that explains the currently high unemployment, but to argue that we are at a new natural level doesn't seem justified. As the population (albeit slowly) retrains to participat…
The economy could certainly find use for them, but perhaps not at a price above minimum wage.
Re: 9.2% Unemployment? Blame Microsoft.
#7I skimmed the article and it says in at least two places:
"And it’s not just Microsoft who you can blame."
"It’s not all Microsoft’s fault."
Re: 9.2% Unemployment? Blame Microsoft.
#8I have a policy of not reading the article when it has such a BS linkbait title.
Re: 9.2% Unemployment? Blame Microsoft.
#9[deleted]
Re: 9.2% Unemployment? Blame Microsoft.
#10Technological unemployment is part of the picture, but there isn't a 'magic bullet' to avoid it.
We need Scientists?
Ask the 1800 surplus Physics PhD's that get produced every year. It's clear that the academic system uses young and smart people, but not that it produces desirable or permanent employment for them. A wise person wouldn't get involved, unless they've got one (or preferably two) parent(s) that are already in the field who can pull some strings for them.
As for programmers, I wake up every morning with the mission of putting myself out of work.