American job losses will continue due to a convergence of big forces including offshoring and automation driven by accelerating change. Service sector jobs will generally not return. Social web business models are flourishing and point the way to new jobs and efficiencies. A new class of Super Prosumer companies like Groupon are poised to explode and return more value to people, creating more jobs, but driving price points lower. We need to encourage the development of Super Prosumer companies on U.S. soil across various industries and become a Prosumer Nation. Like Scott Pilgrim, America needs to Level-Up. The erosion of traditional American jobs continues unabated and we can expect it to steadily worsen. From a macro perspective, there is simply no silver-bullet counter to the converging forces of globalization, automation , overvalued real estate prices, national debt , mega quantitative easing (printing more U.S. dollars to buy back our bonds so they don’t tank -...
on the social consequences of emerging tech