Some Earlier Technological Changes Have Been Very Disruptive

Some examples:

- four centuries ago the development of a knitting machine received a negative reaction when demonstrated to Queen Elizabeth 1, ie "Consider what's the invention will do to my poor subjects! It will deprive them of employment, making them beggars!!!! It took another 2 centuries until the Industrial Revolution for factories to mass-produce textiles and to give ordinary people a rising standard of living and real wage increases.
- Henry Ford's car factory wiped out blacksmiths and farriers
- mass computing and communications that have made typists, telephone operators, etc dinosaurs
. It has been estimated that half of all current occupations in United States are vulnerable to computerisation. Are the modern economies adapting quickly enough to replace jobs lost to accelerating technology? In addition to the low-skilled jobs lost to automation, other occupations under threat are classified as white-collar/middle-class positions, especially those jobs that - rely on being able to sift through large amounts of information and collect the right bits of it
- administrative or retail work as it shifts tp an online presence or moves off-shore to low cost countries such as India
- repetitive tasks or jobs
Some professions under threat include accountants, auditors, supermarket cashiers, typists, bank tellers, loan offices, taxi drivers, waiters, nurses, insurance appraisers, archivists, bus drivers,lawyers, welders, etc:

"...if armed with blisteringly fast and sophisticated algorithms that can instantaneously scrutinise millions of pages of court evidence for the nugget that swings the case, why employ tens of thousands of junior lawyers to do the same..."

Michael Smith, 2015


A similar story of evolution:
- for accountants software is replacing many of the more routine and mundane operations; 
- bus drivers superseded by driverless vehicles; 
- journalists by social media (Twitter, YouTube, Facebook, etc); 
- book reviewers by book buyers/readers

 

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