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comment by user-inactivated
user-inactivated  ·  2229 days ago  ·  link  ·    ·  parent  ·  post: Labor 2030: The Collision of Demographics, Automation and Inequality

Skimming the first bit of the McKinsey, I feel like you can probably guess what Bain has to say. Every time McKinsey says things could go well, just assume that it doesn't.

The gist I got of their roadmap is that they think there is a good chance we'll Boom (capital investments, increased productivity), Bust (wage depression, pension crisis, unemployment, slow retraining), and that the Government will then get hands on again.

I skipped over some of the "here's how your leadership teams can prepare for the future in the exciting WORLD OF BUSINESS" bits, so I might have missed something but I don't think so.