Covid-19 will definitely accelerate the transition from the old world to the new one /Martin Sandbu, FT, 4 July/5 July 2020/. We are still in 1940, so it is not the 1945-moment. However, the new world is approaching fast. Fortunately or not, the overwhelming majority of jobs in today’s service economy will be gone by the end of this transition.
Self-driving cars, robots, delivering drones, 3D home-labs, home-grown produce and products, remote health care operations and all the others will replace the ill-rewarded labor force in the service sectors of the present.
Where will the heroes of the fight against the pandemic work in the future?
Governor Matolcsy, MNB, the Central Bank of Hungary