- Jan 28, 2010
- 245
- 80
It depends on how you look at it:
1) Is it a bubble based on how much money is being invested in it at this point?
Most likely
2) will it permanently change the structure of economy as we know it?
Definitely
Those who jumped to adapt it in their profession or companies will be majorly ahead of those who didn't
About the effect on the job market - we will still see, as we're at the beginning.
But one thing that's telling is that I hear it's the first time in the history in the US, where there's a higher unemployment rate among the college graduates, then among the high-school graduates.
A lot of the white collar jobs are apparently being automated, and staff reduced.
1) Is it a bubble based on how much money is being invested in it at this point?
Most likely
2) will it permanently change the structure of economy as we know it?
Definitely
Those who jumped to adapt it in their profession or companies will be majorly ahead of those who didn't
About the effect on the job market - we will still see, as we're at the beginning.
But one thing that's telling is that I hear it's the first time in the history in the US, where there's a higher unemployment rate among the college graduates, then among the high-school graduates.
A lot of the white collar jobs are apparently being automated, and staff reduced.