Human capital and the changing nature of work – Irving Wladawsky-Berger

MIT Sloan Visiting Lecturer Irving Wladawsky-Berger

MIT Sloan Visiting Lecturer Irving Wladawsky-Berger

From The Wall Street Journal 

People have long feared that machines are coming for our jobs. Throughout the Industrial Revolution there were periodic panics about the impact of automation on work, going back to the so-called Luddites, textile workers who in the 1810s smashed the new machines that were threatening their jobs.

Automation anxieties have understandably accelerated in recent years, as our increasingly smart machines are now being applied to activities requiring intelligence and cognitive capabilities that not long ago were viewed as the exclusive domain of humans. But on balance, such fears appear to be unfounded, noted the World Bank in a comprehensive recent report on The Changing Nature of Work. Our problem is not that there won’t be enough work in the future. Our key problem is that, in many countries, the workforce is not prepared for our fast unfolding future.

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The excitement of a new beginning: The first MIT Sloan Africa Business Conference

The first ever MIT Sloan Africa Business Conference began and ended with a bang. Conference attendees had an exciting energy surrounding them at the event. Walking out of the elevator onto the 6th floor of the MIT Media Center, where the conference was being held, you could easily sense the enthusiasm of business professionals, entrepreneurs, professors, and students discussing ways to put Africa on the world business map using innovation as the key driver.

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