Innovation drives three quarters of the world’s GDP growth. It destroys old jobs and creates a need for new ones. But the old pegs are not fitting the new holes and unemployment is rising. We can’t stop people from innovating; we can’t pay people for doing unwanted work; and we can’t pay people for doing nothing. So we need innovation that creates wealth AND jobs.
How many economies are organized to do both? Few, today. But it can be done.
To read the original article: Innovation AND Jobs---They’re Not Mutually Exclusive | Xconomy