01-08-2018, 01:15 PM
http://time.com/5087360/warren-buffett-s...n-america/
Warren Buffet is an optimist:
"I have good news. First, most American children are going to live far better than their parents did. Second, large gains in the living standards of Americans will continue for many generations to come...."
This is clearly true for the intelligent and well educated. But not everyone can become computer programmers and robot designers. And the impact of population growth in Africa and Asia on the demand for less skilled labor is a real issue. So I'm not so sure.
Warren Buffet is an optimist:
"I have good news. First, most American children are going to live far better than their parents did. Second, large gains in the living standards of Americans will continue for many generations to come...."
This is clearly true for the intelligent and well educated. But not everyone can become computer programmers and robot designers. And the impact of population growth in Africa and Asia on the demand for less skilled labor is a real issue. So I'm not so sure.