Automation and outsourcing will combine to limit employment opportunities and income levels for most accountants, lawyers, architects and even some types of medical specialists. X rays and CAT scans can be read as easily in India as at the local specialist’s office, and given the exponential improvements in software, many other medical processes will become susceptible to outsourcing and automation.
The author of the linked essay Walter Russel Meade is a well know policy expert. He makes some very interesting observations about the future economy and the future of employment. Much of the predicted change will be technology driven. Few of the things he presents are directly linked to dentistry but will never the less effect us all.
I found it compelling for several reasons. His observations and predictions, especially as to how technology will change future “professinal’ jobs, correspond to my own observations. His general take on the role of government also fits with my beliefs.
Having said all that I do not belief what he writes is inevitable or even likely, however it is thoughtful, interesting and worth reading if you are trying to plan for your future and the future of your dental practice. After all, like it or not, we are all doomed to spend the rest of our lives in the future.