008 Where are all the jobs going? Lessons From The First Industrial Revolution And 150 Years Of Pain.

Summary: In a world which is seeing a simultaneous increase in the capabilities of robots and artificial intelligence to do many factory and service sector jobs, and a significant increase in the world’s interconnected population, a natural question to ask is: “Are there enough good jobs to go around for everyone?” To many people, particularly those who hold positions of power in government and industry, the answer is simple: “Yes, so long as our population is sufficiently educated to take advantage of the jobs that will emerge in the future.” This podcast suggests that this view is too simplistic and wrong. Due to a collective amnesia and lack of historical awareness, this view forgets about the disastrous, multi-generational, consequences that rapid industrialisation had for the have nots, not just in societies that were experiencing industrialisation, but also for countries that did not industrialise at all.