Obama On The Impact of Technology & The Internet On Jobs

Says bank tellers and travel agents have been replaced by ATMs and the Internet

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Obama On The Impact of Technology & The Internet On Jobs
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President Obama spoke in Osawatomie, Kansas today talking about jobs and the impact technology has had on them, and will continue to have.

“If you were a bank teller or a phone operator or a travel agent, you saw many in your profession replaced by ATMs and the Internet,” he said. “Today, even higher skill jobs like accountants and middle management can be outsourced to countries like China or India. And if you’re somebody whose job can be done cheaper by a computer or someone in another country, you don’t have a lot of leverage with your employer when it comes to asking for better wages or better benefits, especially since fewer Americans today are part of a union.”

Real Clear Politics posted a snippet from CNN’s coverage:

Time has the entire speech transcribed here. Here are some of other excerpts where he talked about technology’s impact: “

Over the last few decades, huge advances in technology have allowed businesses to do more with less, and made it easier for them to set up shop and hire workers anywhere in the world. And many of you know firsthand the painful disruptions this has caused for a lot of Americans.


There’s another view about how we build a strong middle class in this country – a view that’s truer to our history; a vision that’s been embraced by people of both parties for more than two hundred years. It’s not a view that we should somehow turn back technology or put up walls around America. It’s not a view that says we should punish profit or success or pretend that government knows how to fix all society’s problems. It’s a view that says in America, we are greater together – when everyone engages in fair play, everyone gets a fair shot, everyone does their fair share.


The race we want to win – the race we can win – is a race to the top; the race for good jobs that pay well and offer middle-class security. Businesses will create those jobs in countries with the highest-skilled, highest-educated workers; the most advanced transportation and communication; the strongest commitment to research and technology.

In today’s innovation economy, we also need a world-class commitment to science, research, and the next generation of high-tech manufacturing. Our factories and their workers shouldn’t be idle. We should be giving people the chance to get new skills and training at community colleges, so they can learn to make wind turbines and semiconductors and high-powered batteries. And by the way – if we don’t have an economy built on bubbles and financial speculation, our best and brightest won’t all gravitate towards careers in banking and finance. Because if we want an economy that’s built to last, we need more of those young people in science and engineering. This country shouldn’t be known for bad debt and phony profits. We should be known for creating and selling products all over the world that are stamped with three proud words: Made in America.

Obama On The Impact of Technology & The Internet On Jobs
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  • Andrzej O.

    Is this dunce openly against technology now?

  • http://www.PlacesToEatOkay.com Steven

    I have no problem with companies hiring outside of the USA or using technology to improve productivity. What I have a problem with is these same companies setting up shop here in the USA and sending profits overseas with paying very little to nothing in taxes. Obama needs to close those loopholes which allow companies like Google and GE to reap tax credits in the billions of dollars. If they’re going to do business in America they need to pay their fair share like everybody else.

    The bank teller that’s been replaced by an ATM machine or the travel agent that is replaced by the internet that Obama spoke of needs to get with the times. It almost sounded like he was saying those people can’t get another job because they’re locked into what they do. The problem isn’t available jobs. That’s a big misconception. I see ads for jobs all the time. The problem is the jobs offered today aren’t the simple minded jobs of yesterday. Obama hits it on the nose every time when he says education is the problem and we need a better educated public and that investment into education is key to our future.

  • Wombi

    I am a strong believer that technology not only makes the learning process much more fun, but it also creates allows a more hands-on experience for kids! If you are interested in other educational products for kids, I would check out our educational apps! :)

    Best Regards

  • http://techydude.weebly.com/ billy haleys

    lot of opportunities awaits IT and ComSci grads and even undergrads, maybe for the next decades the world will be run by robots and heavy machines that would require lot of IT professionals.

  • http://techydude.weebly.com/ billy haleys

    with this, lot of opportunites awaits IT and Comsci grads and even undergrads. maybe for the next decades, the world will be run by heavy machines and even robots that would require IT proffesionals.

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