Words from Web Worker

702 occupations would soon be computerized out of existence Advances in data mining, machine vision, artificial intelligence and other technologies could, put 47 percent of American jobs at high risk of being automated in the years ahead. Loan officers, tax preparers, cashiers, locomotive engineers, paralegals, roofers, taxi drivers and even animal breeders are all in danger of going the way of the switchboard operator. Since the end of the Great Recession, job creation has not kept up with population growth. Corporate profits have doubled since 2000, yet median household income dropped from $55,986 to $51,017. Somehow businesses are making more profit with fewer workers. Business researchers at MIT, call this divergence the “great decoupling.” In their view, it is a historic shift. The conventional economic wisdom has long been that as long as productivity is increasing, all is well. Technological innovations foster higher productivity, which leads to higher incomes and greater well-b...