Wednesday, November 16, 2016

Easing the Pain of Automation

I think the best plan is Arun Sundararajan's. Technology advancements not only destroy jobs but also create many jobs as well. I will acknowledge that these jobs are usually for educated workers so for this plan to work you would need some factors to come in to play. You would need college to be more accessible to lower class citizens and you would need to motivate more people to go to college.

Andy Stern agrees with Arun Sundararajan's and has stated an idea about how to promote more people going to college. However his idea is flawed because he does not realize how giving everyone in the nation $12,000 a year would result in inflation and actually cause less people to go to college and would increase the population of the lower class and decrease the population of the middle class.

Dean Baker also states that advances in technology creates as well as destroys jobs but he fails to mention how the jobs they create are for more educated workers just like Arun forgot to mention. It seems like all the debtors are on the same page but all have different paths to get where they want to go.