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“What we can say with confidence is that the technological revolution is worsening inequality, due mostly to mechanisms that limit free markets. It is also bringing about disruptive change that is intensifying insecurity and may indeed lead to large-scale labor displacement.” quote by Guy Standing
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“What we can say with confidence is that the technological revolution is worsening inequality, due mostly to mechanisms that limit free markets. It is also bringing about disruptive change that is intensifying insecurity and may indeed lead to large-scale labor displacement.”

Guy Standing

About This Quote

Technological advances can widen inequality and destabilize markets, while also creating disruptive changes that threaten job security.

In simple terms: Tech growth may increase inequality and job risk.

Key Takeaway

Innovation can exacerbate social and economic insecurity.

Themes

technology inequality labor market disruption

Mood

cautious critical

Type

analysis

When to use this quote

  • policy design
  • corporate strategy

Key Concepts

economic polarization future of work

Practical Applications

  • evaluate automation impact

Questions to Reflect On

  • What policies can balance tech benefits and risks?
  • How can societies adapt to rapid change?
A Different Perspective

Some technologies also generate new opportunities and inclusive growth.

3.7 out of 5 (3 ratings)

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