FROM Andrew McAfee
Should We Blame Technology for High Unemployment? When two researchers at MIT started a book to be called The Digital Frontier, they were optimistic that technological innovation would increase productivity, and that would mean new jobs. But their inquiries led in a very different direction. From farms to factories, and now to the service economy, human workers are losing their jobs to machines. The "creative destruction" that used to increase employment is working the other way around: productivity is on the rise, but it's not creating many new jobs. As computers become more sophisticated, how can humans learn to compete? Segment Image: A traveler undergoes a full body scan performed by Transportation Security Administration agents at the Denver International Airport. Photo by John Moore/Getty Images
Is a Robot Waiting for your Job? When two researchers at MIT started a book to be called The Digital Frontier, they were optimistic that technological innovation would increase productivity, and that would mean new jobs. Historically speaking, that has been the case. But their inquiries led in a very different direction. In the current recession it's the other way around: more productivity but fewer jobs. "Technological unemployment" has gone from the factory floor to America's service economy, once called "the last repository" of jobs. This time, the old jobs aren't being replaced by new ones. From banks to gas stations to grocery stores, information technology is taking a heavy toll. Google has shown that a computer can drive a car. What can we do to protect our species from losing the race with machines?
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.