Work is what structures adults' lives: it gives us purpose, focus, a set of responsibilities, and an identity. So when people are not participating in the labour market, all sorts of other things often start to go wrong.
David AutorRead
Our machines increasingly do our work for us. Why doesn't this make our labor redundant and our skills obsolete? Why are there still so many jobs?
Interpretation
The quote questions the impact of automation on employment and skills.
David Autor highlights a paradox in the modern workforce where advancements in technology and automation ostensibly reduce the need for human labor, yet many jobs still exist. He prompts a reflection on how new technologies have transformed job markets, creating new opportunities and roles rather than merely rendering existing ones obsolete.
In practice
In a discussion about the future of work at a technology conference.
Work is what structures adults' lives: it gives us purpose, focus, a set of responsibilities, and an identity. So when people are not participating in the labour market, all sorts of other things often start to go wrong.
The fact that a task cannot be computerized does not imply that computerization has no effect on that task. On the contrary, tasks that cannot be substituted by computerization are generally complemented by it. This point is as fundamental as it is overlooked.
There's always new work to do. Adjusting to the rapid pace of technological change creates real challenges, seen most clearly in our polarized labor market and the threat that it poses to economic mobility. Rising to this challenge is not automatic. It's not costless. It's not easy. But it is feasible.
The one thing perhaps that technology hasn't always given us is a sense of how to make the wisest use of technology.
The invisibility of work and workers in the digital age is as consequential as the rise of the assembly line and, later, the service economy.
The reason social media is so difficult for most organizations: Itβs a process, not an event.
Social capital may turn out to be a prerequisite for, rather than a consequence of, effective computer-mediated communication.
Excellence matters, and technology advances so fast that the potential for improvement is tremendous. So, since becoming CEO again, I've pushed hard to increase our velocity, improve our execution, and focus on the big bets that will make a difference in the world.
I want more Internet. I want every one of the 6 billion people on the planet to be able to connect to the Internet - I think they will add things to it that will really benefit us all.
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