DYSPEPSIA GENERATION

We have seen the future, and it sucks.

Meet the New Serfs, Same as the Old Serfs

8th October 2013

Read it.

We already know how software will eat manufacturing (robots and 3D printing) and transportation (self-driving vehicles.) This new servant economy shows us how software will eat much of the service sector; by turning turn many of its existing full-time jobs into a disconnected cloud of temporary gigs.

The slow transformation of a huge swathe of the economy from steady jobs to an ever-shifting maelstrom of short-term contracts with few-to-no benefits, for which an ever-larger pool of people will compete thanks to ever-lower barriers to entry, in a sector where most jobs are already poorly paid…does this sound to you like it will decrease inequality and increase social mobility? Maybe, it certain specialized high-skill areas. But across the spectrum? I doubt it.

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