Technology has Always changed the game, but more than shrinking the market (in the very short term) just changed the requirements to create new opportunities in the mid-long term. Technology kills older jobs to create new job Windows, but requires a growing and changing set of skills. The last 30 years have seen a tremendous growth in terms of IT and Telecommunications opportunities, compared to the last two centuries our technological growth has been tremendous and as technology speeds up so the workforce have to be more and more skilled to accomplish the new job market requirements. So education is the key to survive, every cent spent in education is a cent invested in our (and our children) future. The real problem could be that we should be prepared to the new technology leaps in advance, this means we should have invested in education years ago, (and hoping it is not too late we should start it right now). There is a cycle from the discovery of a new technology to its market application and the impact in the job market that require a certain period of time, this cycle is becoming shorter and shorter, the learning time windows is shrinking too so we have to quickly adapt our training and education system in order to accomplish the new requirements. In the 19 century workforces did not have as a requirement read and write skills, in the 20 century we started to require read and write skills and the frist IT skills, in 21 century Mastering those skills should be a “condition sine qua non”, we’ll se what the future will require
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