Baumol's cost disease means that the cost of many critical sectors in an economy tends to rise over time
[...] Consider 'green jobs', for example. Within that category there are occupations that are both high-productivity and scalable, such as work on production lines making wind turbines or solar panels. But, unfortunately, such work is easily automatable. [...]
University is hard. Many of these who don't currently make it through a college programme lack the cognitive ability to do so. Others could be helped through with better preparation and more attention. [...]
[...] Uber's PR materials like to point out that the service is great for human drivers, offering them access to flexible, well-paid work. To investors, meanwhile, Uber emphasizes its desire to be a pioneer in the development of autonomous cab fleets.
