Third Industrial Revolution based on Offshoring and Education
It’s no doubt that our economy is changing and so is the world we live in. The major changes in our society stared off with the First Industrial Revolution. Many jobs changed from farm to factory beginning in the late 18th century. This was the largest revolution because it shaped the way we live today. The second revolution was the shift from manufacturing jobs toward service jobs. It’s believed that we are still in this shift. Now we are on the brink of a third industrial revolution which is due to the increase of technology. Often called the Information Age, the third revolution will require change as the first and second have before. However, it seems as if little changes have been made to accommodate the changing world. We are now facing the struggle of keeping jobs in the country and along with that comes the need to enhance our educational system. The two may not seem to work together, but they do. Improvement in education may change the way we off shoring our jobs. There has been suggested a few ways that could help improve United States and keep us on top instead of having other countries take our jobs. Alan S. Blinder is the Vice Chairman of the Board of Governors of the Federal Reserve System. He is the one that presented the idea of changing the way we educate our youngster to have them better prepared for the future. Researching his ideas and theories on how to solve the problem with education, I did agree with him on most of his theories. In the past the fight for our jobs was with computers and technology. Many jobs were being taken by computers, which resulted in many people being laid-off. We can’t deny that we do need computers and the improvement of technology makes our lives easier. We can’t “dumb down” our economy to keep jobs. People eventually had to accept the increase of computers and the facts that many jobs we needed to do, can now be done for us. We now have another...
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