While one can argue that these technological shifts will likely spur new job growth, there is a real possibility that we are entering into a world where structural unemployment is going to be higher, so what can we today to be better prepared for tomorrow? One possible solution is to invest more in charity.
While one can argue that these technological shifts will likely spur new job growth, there is a real possibility that we are entering into a world where structural unemployment is going to be higher, so what can we today to be better prepared for tomorrow?
One possible solution is to invest more in charity.
Many futurists have neglected the economic impact of charity and may be underestimating its potential. The work of charities and the people that work for them can play a critical role in mitigating some of the consequences resulting from the increasing prevalence of robots.
Canada’s charitable and nonprofit sector is the second largest in the world on a per capita basis, representing 8.1% of the GDP and over two million employees. Canada’s charitable revenues total over $220 billion across 86,000 different organizations. The sector is a largely ignored economic powerhouse, contributing more to the economy than mining, oil and gas combined