Stef Wertheimer Quotes

If people don't want blue-collar work, our labour costs will remain high and our competitiveness low.

What people are now realizing is that this formula that technology destroys jobs and creates jobs, even if it's basically true, it's too simplistic.

The bottom line is that while automation is eliminating many jobs in the economy that were once done by people, there is no sign that the introduction of technologies in recent years is creating an equal number of well-paying jobs to compensate for those losses.

I think automation will eliminate certain types of jobs - lower income, lower-skilled jobs in manufacturing. But nobody knows whether it's going to change the job basket of the 21st century, or be net positive, or net negative.

The loss of manufacturing jobs is a sign of economic health.

Companies are doing a good job at producing stuff. They are just doing it without people.

Massive increases in productivity due to the happy marriage if information technology and advanced manufacturing techniques are having a chilling, unprecedented effect on job creations.

Over a long period of time, technological change is something that has been important in reducing manufacturing employment - absolutely and as a share of jobs in the economy.

Our machines increasingly do our work for us. Why doesn't this make our labor redundant and our skills obsolete? Why are there still so many jobs?

My honest answer to what's going to happen to the future of jobs is I don't know.

The last 200 years, we've had an incredible amount of automation. We have tractors that do the work that horses and people used to do on farms. We don't dig ditches by hand anymore. We don't pound tools out of wrought iron. We don't do bookkeeping with books! But this has not, in net, reduced the amount of employment.

There might be new technology, but technological progress itself was nothing new - and over the years it had not destroyed jobs, but created them.

The bottom line is there are lots of problems that were not created by government. The biggest one is loss of middle class incomes, loss of good-paying jobs which was created by technology and globalization. Above all, when you can move a job to China or India, it reduces wages.

If you look at it from just a pure economic basis, technology is replacing all of the jobs robots can do, and machinery is replacing the jobs that humans once held. If we don't train our children to imagine, to create, they're going to be unemployable.

Amazon didn't create any jobs. Amazon probably destroyed a million jobs in our economy.

In our high-tech, high-skilled economy where low-skilled work is being scaled back, phased out, exported, or severely under-compensated, all the right behavior in the world won't create better jobs with more pay.

There is a large change coming in the jobs of America and competition from abroad. We should prepare for it rather than let history overwhelm us.

Despite all the political sound and fury, little service-sector offshoring has happened to date. But it may eventually amount to a third Industrial Revolution, and industrial revolutions have a way of transforming societies.

We have come to the point where a new machine invented in England deprives millions of Chinese workers of their livelihood within a year's time.

The great question, however, for the poor man is, or shortly will be, that of escape from competition with labor-saving machinery

Technology has been advancing so fast that the number of jobs globally in manufacturing is declining. There is no way that Trump can bring significant numbers of manufacturing jobs back to the U.S.

Trump can bring jobs back, but they will be minimal-wage jobs, not the high-paying jobs of the 1950s.

For decades, the pace of technological change in manufacturing has outstripped that in the economy as a whole. And, so, firms - manufacturing firms - have found it easier to continue producing by - with - reducing their workforces.

We're losing all kinds of white-collar jobs, all kinds of jobs in addition to manufacturing jobs, which we're losing by the droves in my state.

Job displacement is so huge, I'm tempted to not talk about anything other than that.