Podcast and Transcript via Wharton – “The incoming Trump administration has made job creation a national priority. But here is a sobering prediction: No matter which political party holds the White House or Congress, over the next 25 years, 47% of jobs will likely be eliminated by technology and globalization, according to WorkingNation. It’s a phenomenon called “structural unemployment” and it affects nearly all industries and even white-collar workers. Venture capitalist Art Bilger founded WorkingNation to sound the alarm about the coming crisis and to spark discussions about potential solutions. Bilger believes the nature of employment is fundamentally changing and cannot be reversed. But workers, businesses and the government can prepare for it if they work together — starting with stepped up infrastructure spending that has bipartisan support. He recently joined the Knowledge@Wharton Show, which airs on Sirius XM channel 111, to discuss his prescription for ameliorating the coming jobs crisis, and what his organization and others have tried so far.”
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