The Dec. 15 Economy & Business article “Trump hosts high-powered tech forum” reported that at least one of the participants at a technology forum was “excited to talk about jobs,” a major theme of Donald Trump’s campaign and, I suspect, the subtext of the meeting. On reading the articles “Amazon makes first drone delivery to a customer” and “Uber starts using driverless cars in San Francisco, but state calls for a halt,” which also ran on Dec. 15, I was perplexed by the incongruity among these pieces.
I am quite sure that all of these tech titans would very much like to see an increase in high-paying jobs to furnish them with customers for their products and services. I also bet that not one of them has ever incentivized its management team to increase the number of jobs within its organization. A study from Oxford University has predicted that more than 40 percent of jobs will be jeopardized within the next two decades, courtesy of the innovations being worked on by the very companies represented in Mr. Trump’s meeting. The experience of the past four decades does not provide much confidence that these jobs will be replaced by “better” ones through the magic of creative destruction.
Until we address this contradiction, progress on our worsening inequality is unimaginable.
Victor A. Capece, Bowie