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Conversation of the Week

Tariffs on metals are only a threat if they extend into other, larger, sectors of the US economy like business services.

Slide 2017h1 29

Speaker Notes

It is much easier to imagine a world in which everyone loses their jobs because of automation, than a future where we're just doing something that is new, different and has yet to have been dreamed up.

Jobs are now less labor intensive, require fewer resources and are more lucrative than they were just a few decades ago. The migration from farm to office isn't new and isn't stopping. While it is more mature in the U.S., it is just getting started in the emerging world.

Source: IPUMS, 2016.
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