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Employment in china is shrinking. 22 Million People working in it than there were in the 1990s. Its shrinking in the United States in all places worldwide. So its not a matter of jobs moving from one country to another but jobs moving from both china and the United States to automations. The phrase that we use to describe this is that off shoring is just a way station on the road to automation. As technology accelerates, it becomes more important than it was before. So in many ways i think that countries like china have been historically relying on lowwage labor are even more in the bullseye o...

I have one question so far which i think touches a little bit on that. What do the stagnation and end of innovation days not recognize when they face that . The great stagnation, his argument has used this plateau. You are painting quite a different picture. Hes a super smart guy and we discussed it with him. He really inspired us to work on that first book, race against the machine. When we read his book because he was arguing we had run out of innovation and it was just no more good things, a few good things left to invent. Hanging around a place like mit media lab, we thought that cant poss...

Good evening, and welcome to tos meeting of the Commonwealth Club of california, the place where youre in the know. You can find the Commonwealth Club on the internet at commonwealthclub. Org. Im Andrew Leonard from salon. Com, your moderator for this evenings program. To my left is Erik Brynjolfsson and Andrew Mcafee who are researchers at the Mit Sloan School of management. Erik is the directer of the mit center for Digital Business and andrew is the Principal Research scientist. The two men made a name for themselves a couple of years ago with their selfpublished book, race against the mach...

The army corps. They spent part of their holiday filing Flood Insurance claims. We have our health that is what is important. Well be okay. Reporter the East Palo Alto city manager said that california conservation corps is expected to work in the dark tonight. They are not expecting tomorrow evenings storm to be as bad as last nights but they really dont want to take any chances. Dan better safe than sorry. There are flooding concerns in Sonoma County where several roads and streets are still closed. Reporter Cornell Bernard is live in napa. A dramatic water rescue on napa river. Much of wine...

David rivera to act as speaker pro tempore on this day. Signed, john a. Boehner, speaker of the house of representatives. The speaker pro tempore pursuant to the order of the house of january 17, 2012, the chair will now recognize members from lists smithed by the majority and minority leaders submitted by majority and minority leaders for morning hour debate. The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and minority whip limited to five minutes each, but in no event shall debate contin...