You’ve probably read some widespread sillinesses about how technology is moving us toward a world split between “high-skill” and “low-skill” jobs. Worriers claim that people with high-skill jobs will gobble up all of the economic pie, and those with low-skill jobs will be left with mere crumbs. This notion was perhaps best exemplified by economist Tyler Cowen’s book Average is Over.
This is nonsense. Because high-skill jobs are in peril, too. And sometimes, their death will make way for a raft of new “low-skill” jobs.
For example, look at the future of the general practitioner of medicine. This is considered the epitome of the high-skilled, secure, remunerative job. Four years of college! Four years of medical school! Internship! Residency! Government-protected cartel membership!
And yet, this profession is going the way of the dodo bird.
To understand why, the first thing you need to understand is that multiple studies have shown that software is better able to diagnose illnesses, with fewer misdiagnoses. Health wonks love this trend, known as evidence-based diagnosis, and medical doctors loathe it, because who cares about saving lives when you can avoid the humiliation of having a computer tell you what to do.
Then you need to look at companies like Theranos, which allow you to get a blood test cheaply and easily at Walgreens, and get more information about your health than you’d get in a typical doctor’s visit. More