The New York Times

Economists and technologists have long said the march of technological progress and increased automation will create new jobs and opportunities that offset the jobs they make obsolete, but experts are increasingly less sure this axiom still holds true. The last several decades of technological progress has brought unprecedented gains in productivity, largely due to innovations in computer and communications technology, but that period has also seen decreased labor force participation and stagnating wages and many worry these trends are poised to accelerate with artificial intelligence and other technologies moving into everything from sales and vehicle piloting to personal training and psychiatry. Self-driving cars, for example, could completely eliminate truck and taxi drivers as a class of workers. Former Treasury Secretary Lawrence Summers recently said he no longer believes automation will always create new jobs. To read further, please visit http://www.nytimes.com/2014/12/16/upshot/as-robots-grow-smarter-american-workers-struggle-to-keep-up.html?_r=0&abt=0002&abg=0.