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A much less dramatic change, but one with a doubtlessly far bigger impression on employment, is happening in clerical work and skilled companies. Technologies like the Web, synthetic intelligence, big information, and improved analytics—all made attainable by the ever rising availability of cheap computing power and storage capacity—are automating many routine tasks. Countless traditional white-collar jobs, corresponding to many in the publish office and in customer support, have disappeared. W. Brian Arthur, a visiting researcher at the Xerox Palo Alto Research Center’s intelligence programs lab and a former economics professor at Stanford University, calls it the autonomous economy.” It is more delicate than the idea of robots and automation doing human jobs, he says: it involves digital processes speaking to different digital processes and creating new processes,” enabling us to do many issues with fewer people and making but different human jobs obsolete.
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