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How Technology Has Driven a Rise in National Income
In 1900, 41% of the US workforce worked in agriculture. A century later, only 2% of people work in agriculture. David Frum: When one industry shrinks, another grows. He says technology has driven a growth in total income and a rising standard of living even as it has repeatedly replaced people's jobs.Frum: How are many of us going to have a claim on resources if our labor is no longer valuable?