Technology and artificial intelligence is going to make it even harder for people with low skill, san less tem like a majors, to to thrive. I think it's always important when cities communities bid on businesses, they really need to ask themselves if this is going to create new business formation in the long run.
Why are fewer men working over the last few decades? Is a universal basic income a good policy for coping with the loss of employment? Economist Edward Glaeser of Harvard University talks with EconTalk host Russ Roberts about what Glaeser calls the war on work--the policy changes that have reduced employment among prime-aged men. Glaeser does not see the universal basic income as a viable solution to the decrease in work especially if technology ends up reducing employment opportunities more dramatically in the future. The conversation also includes a discussion of the role of cities and the reduction in geographic mobility in the United States.