This Forbes article adds onto Part II of the Pozen article by looking at additional reasons why entrepreneurship will continue to grow into the future. One of the most interesting facts within the article states that a recent study estimates that 65% of primary aged school children will be working in jobs that don’t yet exist. This fact reinforces Pozen’s claim that “entrepreneur-friendly external developments” help drive the increase in entrepreneurship; however, it also made me question whether simply having to adapt to the new realities of the future world is entrepreneurship. Where do we draw the line separating proactive/innovative entrepreneurship and simply reactively adapting to the changing vocational landscape around us to survive?
it will be interesting to see what the “gold standard” of working at home (that the article predicts) will have on the industries. Presumably, the most coveted applicants will go to where they can find the most flexibility and best pay. Will that mean that all the best companies are essentially virtually run? What would that mean for management? Perhaps just the manager/supervisors will have to meet regularly and then just pass their new company goals onto their workers who are working from home, almost like independent specialists.
Robert, great article. I am concerned that automation would replace low-skilled jobs with high-skilled jobs. Though this replacement is a part of technological growth, I am interested to see what automation will do to the job market.