The document discusses the impact of new technologies on jobs and local economies. It notes that while technologies are often touted as improving productivity and living standards, they can also hollow out middle-level jobs, increase income inequality within and between regions, and exacerbate urban-rural and regional divides. Brexit and populist votes in Europe have been influenced by discontent over these geographical economic disparities. The challenges of institutions, governance, and distribution must be addressed for technology to benefit society as a whole.