We are being afflicted with a new disease
1930 (The Nation and Athenaeum). Cambridge economist John Maynard Keynes wrote this in his 1930 essay "Economic Possibilities for our Grandchildren", early in the Depression, looking ahead a century at productivity, work and leisure.
Economic Possibilities for our Grandchildren
More from John Maynard Keynes · AI and jobs · AI and money · Before ChatGPT
Who else?
What it refers to: Technological unemployment, meaning jobs lost when ways of economising labour outrun the pace of finding new uses for labour, seen as a temporary phase of maladjustment.
Other voices
- “The employment of machinery is frequently detrimental to their interests” David Ricardo,
- “About 47 percent of total US employment is at risk” Carl Benedikt Frey and Michael A. Osborne,
- “May dominate popular discussion, but it’s actually decades out of date” Paul Krugman, Researcher,
- “Racing with the machine beats racing against the machine” Erik Brynjolfsson,
- “A wide-scale decimation of jobs” Kai-Fu Lee, Researcher,
- “Enough wealth for everyone to have what they need” Sam Altman, Builder,










