Don’t Fear the Robots, and Other Lessons From a Study of the Digital Economy

By | November 17, 2020
Don’t Fear the Robots, and Other Lessons From a Study of the Digital Economy

Don’t Worry the Robots, and Different Classes From a Research of the Digital Financial system

There are a handful of nonprofit job-training packages with confirmed monitor data, together with 12 months Up, Per Scholas, Undertaking Quest and JVS. The M.I.T. group suggests making federal grants accessible to such noncollege coaching and job packages.

However these nonprofit ventures are nonetheless small, reaching tens of 1000’s a yr in complete. Against this, the nation’s 1,100 neighborhood faculties serve thousands and thousands of scholars. The report calls them “the linchpin to America’s coaching ecosystem,” and recommends rising authorities funding, with assist linked to adopting finest practices and inserting college students in good-paying jobs.

The report requires elevating the minimal wage, broadening unemployment insurance coverage and modifying labor legal guidelines to allow collective bargaining in occupations like home and home-care employees and freelance employees. Such illustration, the report notes, might come from conventional unions or employee advocacy teams just like the Nationwide Home Employees Alliance, Jobs With Justice and the Freelancers Union.

The M.I.T. researchers additionally suggest adjustments to tax legal guidelines that favor company spending on machines relatively than employees.

Altering the tax code and labor legal guidelines is among the many most politically controversial suggestions within the report. However the politics are usually not all the time predictable and could also be altering, stated David Rolf, founding president of Seattle-based Native 775 of the Service Staff Worldwide Union and a pacesetter of the Struggle for Fifteen marketing campaign, the hassle to extend the minimal wage to $15 an hour.

President Trump comfortably gained Florida on this month’s election, however greater than 60 p.c of Florida voters accepted a state constitutional modification lifting the minimal wage to $15 an hour by 2026, from its present stage of $8.56.

Mr. Rolf, a member of the advisory board, stated the report “pointed to the necessity for a distinct financial and authorized framework.” And, he added, “that’s an vital sign, coming from M.I.T.”

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