Showing posts with label automation. Show all posts
Showing posts with label automation. Show all posts

Tuesday, February 5, 2019

The Great Divide

Eduardo Porter in The New York Times reports:
"Automation is splitting the American labor force into two worlds. There is a small island of highly educated professionals making good wages at corporations like Intel or Boeing, which reap hundreds of thousands of dollars in profit per employee. That island sits in the middle of a sea of less educated workers who are stuck at businesses like hotels, restaurants and nursing homes that generate much smaller profits per employee and stay viable primarily by keeping wages low."