4min chapter

HBR IdeaCast cover image

What Leaders Need to Know About a Looming Recession – and Other Global Threats

HBR IdeaCast

CHAPTER

The Challenge of Technological Innovation

The author says we need to make sure the economy grows 5 to 6% a year and that we develop technological solutions. The challenge, however, is that while there is a lot of talk about how technology is changing the world, in the macroeconomic numbers, we don't yet see the increase in productivity coming from all this tech innovation. In the next 10 years, the job destruction is not going to come from migration or trade, it'sgoing to come from technology.

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