You’ve probably read some widespread sillinesses about how technology is moving us toward a world split between “high-skill” and “low-skill” jobs. Worriers claim that people with high-skill jobs will gobble up all of the economic pie, and those with low-skill jobs will be left with mere crumbs. This notion was perhaps best exemplified by economist Tyler Cowen’s book Average is Over.
This is nonsense. Because high-skill jobs are in peril, too. And sometimes, their death will make way for a raft of new “low-skill” jobs.
For example, look at the future of the general practitioner of medicine. This is considered the epitome of the high-skilled, secure, remunerative job. Four years of college! Four years of medical school! Internship! Residency! Government-protected cartel membership!
And yet, this profession is going the way of the dodo bird.
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