In 2013, a graduate student discovered a flaw in a spreadsheet, renewing the debate about austerity and debt. Emerging economies tanked, and Bitcoin boomed. In the U.S., unemployment fell and the Federal Reserve started to scale back its bond-buying program. Research focused on inequality and jobs gap between the highly skilled and everyone else. The Affordable Care Act began.
Technology that first comes across as a gimmick, in a few years evolves into your trusty sidekick. Give it a few years more, and it will stab you in the back and take your job. Avoid "technological unemployment" by doing what the robots can’t. Be human.
After serving time in a Virginia prison following convictions on gun and drug-possession charges, Sean Collins-Harris decided he would fight the odds against his ever returning to white-collar work with the only tool he had: education.
Economist David Autor recently introduced me to a delightfully depressing concept: “now-more- than-everism.” Credit for the coinage goes to Larry Summers , the former U.S. Treasury secretary who is also former director of the National Economic Council, but anyone who follows politics will recognize the premise.