Article source: ConstructConnect

Computers, the Internet and other high-tech advances have profoundly affected the workaday lives of every one of us.

Many of the thought-leaders who have sparked the innovation waves have become celebrities beyond the confines of the business sector. And their companies have been richly rewarded through enormous increases in the value of their shares on the major stock markets.

Never mind that Netflix and Facebook have recently had some setbacks, the FAANG companies (Facebook, Apple, Amazon, Netflix and Google), along with many others (Twitter, Uber), have soared in value over the past decade-plus.

We’ve been living through a new industrial revolution. But there has long been one quibble raised by economists and others about these transformative times.

Historically, the birth of the auto industry, with its accompanying need for assembly plants, steel mills and gasoline stations, generated millions of new jobs.
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