Information technology, automation and globalization are eliminating many jobs. The intensity of this process keeps increasing.
Meanwhile, new jobs are emerging. But this process takes time, and the new jobs require different skill sets than those that disappear. In consequence, a growing number of people in the “modern” world are facing unemployment and existential crisis. People who often lack the resources and mental frameworks to choose alternative roads (such as self-education or entrepreneurship). Not the cognitive capacity, but the tools to access it.
Politicians are faced with 2 alternatives for how to deal with the situation: Continue Reading