First, business practices are being changed, subverted, by the recasting of work culture along decidedly different lines. Consider the rise of freelancing, the erosion of non-cognitive repetitive work as robots, algorithms, and AI have started to muscle into the workplace, and the growing dissatisfaction with non-democratic, Victorian-era command-and-control management models. Don’t get me wrong: this revolution isn’t complete. But massive, tectonic shifts are at work, that have only started to shake the foundations of business.
Krugman reads Gordon’s The Rise And Fall Of American Growth
Stowe Boyd
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Yes, quite right. Note that LinkedIn, designed originally to facilitate recruitment for traditional employment, is now piloting a new service aimed to support the “gig economy.” Senator Mark Warner also is leading an effort to revamp public policies for the needs of the gig economy. One wonders how Gordon can be missing this.