Robots Won't Destroy Many Jobs, and That's a Problem

While new technologies like smartphones and Facebook have become a big part of our personal lives, Gordon writes, they're not transforming the way we work. For all the hype about robots taking peoples' jobs, there's been hardly any progress automating labor-intensive industries like retail, medicine, or construction over the past few decades.

That might seem like a positive development if you're worried about losing your job to a robot. But it's a cause for worry if you're hoping for bigger paychecks over the next decade or two.