Shawn

“The technological revolution might soon push billions of humans out of the job market and create a massive new “useless class,” leading to social and political upheavals that no existing ideology knows how to handle.”
― Yuval Noah Harari, 21 Lessons for the 21st Century

“Even if people remain employed, this leads to an increase in inequality, with higher wages at the top and everyone else pushed to jobs requiring no specific skills; jobs where wages and working conditions can be really bad. This accentuates a trend that has taken place since the 1980s. Workers without a college education have increasingly been pushed out of mid-skill jobs, such as clerical and administrative roles, into low-skill tasks, such as cleaning and security.”
― Abhijit V. Banerjee, Good Economics for Hard Times: Better Answers to Our Biggest Problems

“When a mass extinction occurs, it takes out the weak and also lays low the strong.”
― Elizabeth Kolbert, The Sixth Extinction: An Unnatural History

“Capital-scarce economies grow faster because new investment is highly productive. Rich economies, which are, in general, capital abundant, tend to grow more slowly because new investment is not as productive.”
― Abhijit V. Banerjee, Good Economics for Hard Times: Better Answers to Our Biggest Problems