At the same time, despite its clear benefits, free trade does lead to the displacement of some individuals’ jobs. To tackle the specter of mass technological unemployment, we need to lower the cost for adults of getting more education and training. If we don’t figure out how to tackle the cost of education and training, the numbers of people feeling displaced and disenfranchised will only grow. There are numerous prescriptions and recommendations emerging to tackle technological unemployment. Although whole job functions and industries disappear, we adapt by leveraging the technology to do more tasks that add more value.

Source: Forbes January 12, 2017 19:27 UTC