IT and the demand for highly educated workers

Here is Paul Krugman (via Abi):

I decided to write the piece around a conceit: that information technology would end up reducing, not increasing, the demand for highly educated workers, because a lot of what highly educated workers do could actually be replaced by sophisticated information processing — indeed, replaced more easily than a lot of manual labor. Here’s the piece; …

Coincidentally, a few hours ago I wrote:

… how about engineers? Are they men and women of facts and calculations? If so, in the age of Google and Watson, do we need such a training? If not, what are engineers for?

Krugman does mention Watson in his piece.

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