Pity school careers advisers. If economists are to be believed, vast numbers of jobs will have evaporated by the time today’s pupils reach the labour market. Oxford university’s Carl Benedikt Frey and Michael Osborne say almost half of the jobs in the US are at high risk from computerisation in the next two decades, together with two-thirds of those in India and three-quarters in China.
While workers worry about whether robots will take their jobs, teachers are wondering how to use education to insulate the next generation from such a fate. This has worked before. When the last wave of automation swept the developed world at the start of the 20th century, policymakers decided education was the answer. If machines were going to substitute for brawn, they reasoned, more people would need to use their brains.
The US invested heavily in education, with good results. Workers reaped the benefits through better jobs and higher wages. Economists Andrew McAfee and Erik Brynjolfsson summed it up like this: “The industrial revolution started a race between technology and education — and, for most of the 20th century, humans won that race.”