Smarter Computers Threaten Jobs

Information Week article say that technology adding intelligence to computers is a bigger threat to jobs than offshore outsourcing.

"In the manufacturing sector in the 90s, companies sold $100 billion worth of software and hardware for robotics, said Harvey Cohen, president of Strategy Analytics. While the technology increased productivity and added to companies' bottom lines, it also eliminated 10 million jobs worldwide."

"So the anger expressed by politicians and workers over high-tech jobs lost to India and other low-wage countries is really a distraction from the real threat, according to Strategy Analytics. 'Looking forward, we don't really see the big threat in the long run being outsourcing to India,' Cohen said. 'We see the real threat from outsourcing to intelligent capital.'"

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