> This is no different than at other times in history. Creative destruction at its best. New jobs will arise and there will be plenty of jobs to go around once the new growth cycle gets underway.
This feels a bit unwarranted. There doesn't need to be some major new paradigm shift for things to get bad from an employment perspective. All that needs to happen is for this creative destruction rate to slightly exceed the new job creation rate, and there's your tipping point. I certainly feel that your average grad today doesn't have the same opportunities I did in the late 90s.
This feels a bit unwarranted. There doesn't need to be some major new paradigm shift for things to get bad from an employment perspective. All that needs to happen is for this creative destruction rate to slightly exceed the new job creation rate, and there's your tipping point. I certainly feel that your average grad today doesn't have the same opportunities I did in the late 90s.