Bill Gates, in an article with Quartz, argues that if a robot which take workers’ jobs should be required to pay taxes. Those tax funds should be redistributed to pay for re-training programs.
Great work from the folks at Marginal Revolution University on the tradeoffs of robotization. I like to break this clip down into 6-7 parts and place clicker questions between the video clips.
One of the tougher topics to get across to students is why older workers leave the labor force. One explanation for the leave is that they see a decrease in their human capital and that some of their previous training is no longer relevant. This clip does a good job bringing humor to a topic that often sounds derogatory.
Manny tries to teach his step father how to use the double-click feature on his tablet, but Jay struggles to understand.
Documentary about the many dangers lumberjacks face while doing their work. The impact of the technological advances of chainsaws over the last century in the lumber industry is also highlighted. Great discussion for capital/labor decisions plus scale/substitution effects when capital prices change.