“Will Technology Add Or Cut Jobs In The Long Term?”

David Brancaccio, public radio and TV fixture and director of Fixing the Future, answered that nagging question about technology and jobs during an Ask Me Anything at Reddit. The exchange:

“Question:

Will technology add or cut jobs in the long term?

David Brancaccio:

In the long run, I have to believe it creates jobs, the good ones. Just visit an engineering school such as Carnegie Mellon. The students in the robotics lab are not lying awake at night worrying about employment (or so they told me.) However, experts tell me that technology is moving ahead much faster now and it is a period of great disruption that will cost jobs. Remember the industrial revolution: It destroyed something like 98 percent of agricultural jobs. The question is, net, is it a creator? And what policies do we need to be a part of the it?”

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