Read: Technology, Trade and Jobs
Contents
Read: Technology, Trade and Jobs¶
Will Technology (and Trade) Take away all our Jobs?¶
Please watch this TedTalk video by MIT economist David Autor and then answer the questions below.
Questions¶
Questions
In the video David Autor refers to 19th century English workers who destroyed machinery that they believed were threatening their jobs. He refers to this group as ___________
a. Marxists
b. Physiocrats
c. Ricardians
*d. Luddites
In 1900, ____ of US employement was in agriculture.
a. 90%
*b. 40%
c. 30%
d. 60%
According to Autor, what was the solution to the problem of mass youth unemployment in the late 1800’s and early 1900’s?
a. More child labor
b. Migration to the cities
c. Stronger unions
*d. Mandatory education
Which of the following term best describes the phenomenon of the shrinkage of middle-skill/middle-class employment mentioned in the talk?
*a. employment polarization
b. cyclical unemployment
c. voluntary unemployment
d. nonfarm payrolls employment
Are you convinced by Autor’s argument? Is technology and automation still a threat to our jobs? (no wrong answer)
a. yes
b. no
c. all hail the machine overlords