Monday, August 27, 2012

The Times They Are A Changing....

Just finished reading   Race Against The Machine: How the Digital Revolution is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy  I am in Illinois so I don't get anything for you buying it....

Interesting thoughts on the impact that technology spending and technological innovation is having on the employment rate and the 'jobless recovery'.  

One of the more interesting points is how start-ups and small business are hiring fewer people than they did in the past since technology allows small firms to use tech to do stuff at low enough costs with enough features so firms don't have to hire as many people.

If they are correct and that is an if, there are going to be long term employment and tax implications.

  

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