Change Quote by Guy Standing
“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.”
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.
Innovation can exacerbate social and economic insecurity.
Themes
Mood
Type
When to use this quote
- policy design
- corporate strategy
Key Concepts
Practical Applications
- evaluate automation impact
Questions to Reflect On
- What policies can balance tech benefits and risks?
- How can societies adapt to rapid change?
Some technologies also generate new opportunities and inclusive growth.