THE UNCERTAINTIES CONFRONTING THE NEXT GENERATION. Kids, it seems to me that you confront a much different employment situation than I did. In my generation there was a thought that many workers would stay with the same company for their entire careers. Companies tried to make lifetime employment attractive to new employees with pension plans and benefits. I worked for the same company for almost thirty years, and that company lasted 99 years. It is perhaps a sign of the times that the company did not make it to 100 years. Because of the rapidity of technological change, it’s hard to think of a company that a new employee could expect to be around for thirty years. Take, as an example, Microsoft. Or Google. How confident are you that either will be around in thirty years? Of course, there are always governments.
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The thought of a world without Google is truly chilling.
I’ve been thinking about this. It makes it hard to figure out which skills to acquire and which will be in demand.