Nov 22, 2010 -- posted by Navin
Just a random thought… is education really killing jobs or are there huge flaws in the assumptions below?
- We have an ever increasing population but the increase in population is somewhat linear with increase in jobs
- More and more people are going to university and getting university degrees
- This leads to us having to invent more technological jobs leaving us with less people to do the clerical jobs
- This in turn results in us developing automation to fill up those clerical jobs
- Now the number of people needed to develop tools to make machines able to automate clerical jobs is less than actual clerical jobs being replaced by those machines. e.g. Automated petrol pumps / automatic ticket vending machines
- This should eventually result in less total number of jobs than what we have now in the future.
Now my question is is the new technologies that we are developing (biotech, research etc…)enough to balance out the loss in clerical jobs ?