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I would argue that in fact we are seeing more than this.

It is clear, as an example that you are correct, that the IT industry is going through the same evolution as the car industry did, from craft to industrial process. But it is happening faster, and education is not keeping up.

However, I cannot yet find figures, but it seems the computer industry is undergoing the same transformations as the car industry, only, it never employed so many people in the first place.

Biotech will employ even less in the first place before efficiency and productivity destroy it as anything more than a niche employement.

High level education as problem solvers is a positive thing, but the real problem is that we can now solve problems with less labour.

In the ideal world this would allow us to solve more problems, but the seed capital seems to me to be the big obstacle.

by Metatone (metatone [a|t] gmail (dot) com) on Wed Nov 23rd, 2005 at 06:21:48 AM EST
[ Parent ]
That is why I support the teaching of entrepreneurship.

Kaos Pilot business school in Aarhus, Denmark (with which I am peripherally involved) is a good example of this.

www.kaospilot.dk

From surveys of other European Business Schools, much less then half of graduates expect to run their own business within 5 years. At Kaos Pilot, the majority expect to do so.

Sadly in Finland it is not easy to start your own business - dealing with bureaucracy only starts to become efficient when staff levels reach over 50 or so, and one can acquire the specialist skills to deal with all the form filling, analysis and changing regulations. Nevertheless, of the 230,000 odd businesses in Finland, over 70% employ 10 people or less.

You can't be me, I'm taken

by Sven Triloqvist on Wed Nov 23rd, 2005 at 07:15:58 AM EST
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