The Cost of Technological Change
Marc explains that people are not upset about job transformation and technological change, but rather the rising costs of everything. Sectors where technology is not having a big impact are experiencing skyrocketing prices, leading to a future where college education may cost $500,000 a year and healthcare may cost a million dollars. This shift in the economy will result in more employment opportunities in healthcare and education, creating a skills gap in other sectors.In this clip
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Related Questions
Why are healthcare prices so high as discussed in the episode Jonathan Skinner on Health Care Costs, Technology, and Rising Mortality and the clip Rising Health Care Costs?
Why are healthcare prices so high in the U.S., as discussed in the episode Trickle Up Economics (EP.163) and the clip Market Trends Unpacked?