David Autor on the Future of Work and Polanyi's Paradox
EconTalk
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Is There a Connection Between Computerization and the Productivity Crisis?
The US Department of the Interior was in on this about talking about the potential leisure crisis. The concern again rose in the early 1960s under the Johnson administration. And they very well may have been right for themselves because, of course, it did take scarce, artisanal skills and basically substitute them with basically machines and children doing those jobs. But more recently, I don't think most people are aware of this. So we have a simultaneous growth of high education, high wage jobs, relatively low education, low wage jobs.
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