Comment Comment by dia80 I often discuss this with friends. It often comes down to:Big technology disruptions have happened before. The market adjusted and something new came along for people to do.I like to argue: There were about one million working horses in the UK in 1900 but only 20k by 1914. No one found new jobs for those horses... [1][1] http://en.wikipedia.org/wiki/History_of_the_horse_in_Britain parent dia80 13 years ago
Big technology disruptions have happened before. The market adjusted and something new came along for people to do.
I like to argue: There were about one million working horses in the UK in 1900 but only 20k by 1914. No one found new jobs for those horses... [1]
[1] http://en.wikipedia.org/wiki/History_of_the_horse_in_Britain