We can all feel it: the pace of technological change is so intense now, that it sometimes feels like we're falling behind, like there's no way we can adapt quickly enough. What if the accelerating rate of technological progress is creating enemployment? I don't mean just that people need to brush up on new skills, or that there is a temporary lag in adapting, I mean that whole orders of employment are disappearing, and we are entering an era of long term, intractable unemployment. Further, what if our institutions - governments, schools, businesses - are not adapting quickly enough to find opportunities for new types of employment? This is the turf Andrew McAfee and co-author Erik Brynjolfsson cover in their book, Race Against the Machine. Andrew is a principal research scientist at the Center for Digital Business at the MIT Sloan School of Management. The problems - and the impact on human lives - are serious, but there is also hope for the future.
You can hear the full, uncut interview below, or download the MP3. [runs 16:42]