MIT Sloan Management Review Article on Can We Escape the Technology Trap?

Oxford economist Carl Frey warns that as we face the next great age of technological change, resistance is futile. With each major wave of technological advancement in industrial times, humans have reacted with fear and resistance. And each time, technology has not only prevailed but proved to be a boon to society. The problem is that it takes time — think decades, not years — for a major new technology to fully demonstrate its value. And, in the meantime, the disruption many people experience is real.