Machines are beginning to take over tasks that people are paid to do. If that continues, income may move from wages to the owners of what remains scarce, chiefly land, location and power, and the next downturn could cost jobs that do not return. This site sets out that argument, follows the evidence as it arrives, and publishes the model behind it for anyone to run.
What we think may be happening, what the model shows if we are right, and what would show that we are wrong.





