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Google Chief Warns of Job Losses from IT Innovations

3:01 pm on Jan 24, 2014 (gmt 0)

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"The race is between computers and people and the people need to win," he said. "I am clearly on that side. In this fight, it is very important that we find the things that humans are really good at."

Mr. Schmidt's comments follow warnings from some economists that the spread of information technology is starting to have a deeper impact than previous periods of technological change and may have a permanent impact on employment levels.

Source: [cnbc.com...]
3:17 pm on Jan 24, 2014 (gmt 0)

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Being spared from drudgery is a problem?

There will always be work for energetic, well educated and creative people just as there will always be a scarcity of it for the unskilled. Even the Ancient Romans had to face and overcome this problem, hence the bread and circuses.