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"The future is here—it’s just unevenly distributed"

Quartz warns that we are heading into a Great Displacement. Automation is likely to eliminate millions of jobs in coming decades, a phenomenon already hitting those least able to adapt. Can entrepreneurs counter the trend and create widespread opportunities?

Already, jobs are moving away from the places where many of us live. Since the Great Recession, less than 40% of metro areas are adding new companies every year, according to an Economic Innovation Group report. And five metros accounted for as many new businesses as the rest of the country combined.

Yale Insights talked with Yale SOM economist Lisa Kahn to get an overview of the roiled labor markets.

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Contributors


Joe Tsai
Executive Vice Chairman, Alibaba Group

Kevin Thompson
Senior Program Manager for Brand System Programs, IBM

Charlie Cannon
Chief Design Officer, Epic Decade

Helen Siu
Professor of Anthropology, Yale University

Sandy Urie
Chairman & CEO, Cambridge Associates

Emily Haisley
Vice President, Behavioural Finance, Barclays

John C. Bogle
Founder, The Vanguard Group

Kevin Ryan
Founder and Chairman, MongoDB

Sostena Romano
Executive Director, HealthRight

William J. Bernstein
William J. Bernstein, author of A Splendid Exchange: How Trade Shaped the World