ninguna (1406987) writes "Gordon argues, rightly in my view, that we’ve really had three industrial revolutions so far, each based on a different cluster of technologies:
The analysis in Gordon's paper links periods of slow and rapid growth to the timing of the three industrial revolutions:
What Gordon then does is suggest that IR #3 has already mostly run its course, that all our mobile devices and all that are new and fun but not that fundamental. It’s good to have someone questioning the tech euphoria; but I’ve been looking into technology issues a lot lately, and I’m pretty sure he’s wrong, that the IT revolution has only begun to have its impact.
Is Krugman right, will robots put laborers and even the educated out of work?"
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