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PCA15: Does Your Product Displace a Job or Augment a Skill?
The document summarizes a town hall format event called ProductCamp Austin 15 that took place on August 15, 2015. The event focused on opportunity analysis and was hosted by Paul Teich and Sam Teich. It included discussions on partial automation, tasks that can be automated, and how increasing automation may lead to imbalances in labor supply and demand by potentially divorcing capital from labor. Sponsors of different levels for the event are also listed.
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PCA15: Does Your Product Displace a Job or Augment a Skill?
- 1. ProductCamp Austin 15 15Aug 2015 Format: Town Hall Category: Opportunity Analysis Paul Teich Sam Teich www.slideshare.net/pteich
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- 14. Partial Automation It isn’tnecessary to automate every task composing a job for some people to become unemployed due to automation. The incremental increases in productivity automation brings may lead to excess labor supply.
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- 18. Virtuous and ViciousCycles Success Investment InnovationProduction $Rev $Risk Automation Job Gain/Loss for Production Job Gain/Loss for Innovation Net Labor Flow $ Gain/Loss for Production $ Gain/Loss for InnovationNet Capital Flow Increasing Automation may lead to imbalances in Labor Supply and Demand, and divorce Capital from Labor.
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