Chapter
The Positive Impact of Change on Job Creation and Human Welfare
Change has led to an increase in human welfare and job opportunities, creating new industries, sciences, arts, and businesses. Despite the destruction of 5 million jobs per quarter, the American economy is still creating a net of around 3.5 million jobs per year.
Clips
The increase in welfare and opportunity brought about by changes in industries, companies, and jobs should encourage us to embrace further change and advancements.
35:18 - 39:52 (04:34)
Summary
The increase in welfare and opportunity brought about by changes in industries, companies, and jobs should encourage us to embrace further change and advancements. The complexity and churn of the American economy and the constant creation and destruction of jobs are often overlooked.