Techno-News Blog

October 26, 2011

Does IT Cost More Jobs than It Creates?

Filed under: Uncategorized — admin @ 12:25 am

by David Talbot, Technology Review

An academic says the past decade has brought mixed blessings. The traditional view holds that, overall, new technology generates at least as many jobs (and whole industries) as it displaces. But yesterday, Andrew McAfee, principal researcher at MIT’s Center for Digital Business, invoked the ongoing national protests while suggesting this may no longer be the case. At least, McAfee reported, the phenomena has not been in evidence over the past decade. McAfee is co-author, with his colleague Erik Brynjolfsson, of the forthcoming e-book Race Against the Machine: How the Digital Revolution is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy.

http://www.technologyreview.com/blog/editors/27268/?p1=blogs

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