---
title: "\"No, technology is not about to take all our jobs\" | James Bessen | Monktoberfest 2017"
date: 2018-04-04T16:00:16Z
modified: 2018-04-04T16:00:16Z
permalink: "https://redmonk.com/videos/no-technology-is-not-about-to-take-all-our-jobs-james-bessen-monktoberfest-2017/"
type: video
status: publish
excerpt: ""
wpid: 1591
series:
  - Monktoberfest 2017
channel:
  - RedMonk Tech Events
featured_image: "https://redmonk.com/wp-content/uploads/2018/04/Monktoberfest-Thumbnail-Jim-Besson.jpg"
timestamp: 2018-04-04T16:00:16Z
tags:
  - Monktoberfest 2017
  - RedMonk Tech Events
---

It is widely claimed that AI-enhanced computer technology will eliminate nearly half of all jobs in the next 10 to 20 years. In his Monktoberfest talk, Jim Bessen argues that that claim is false. In fact, computer automation may increase employment in many occupations. Nevertheless, computer automation is highly disruptive and poses a major social challenge. But the challenge is not a shortage of jobs; it is a shortage of skills to work with the new technology.