The kind of job where you come in and work 9 to 5, and where someone tells you what to do all day is becoming scarcer and scarcer.

Computers get better faster than anything else ever. A child's PlayStation today is more powerful than a military supercomputer from 1996.

What can we do to create shared prosperity? The answer is not to try to slow down technology. Instead of racing against the machine, we need to learn to race with the machine.

Computers get better faster than anything else ever.

Technology is always creating jobs. It's always destroying jobs.

Before information age, living standards basically were flat. Since then, they've been growing 2 percent a year were about 30 times richer. So technology, machines is really, you know, arguably the most important thing that's happened to humanity in terms of our living standards. You could look to the introduction of digital computers in the 1950s.

Now comes the second machine age. Computers and other digital advances are doing for mental power - the ability to use our brains to understand and shape our environments-what the steam engine and its descendants did for muscle power.