LONDON – Andrew McAfee, director of MIT’s Center for Digital Business, argued Thursday that technological advances of the last few decades have significantly contributed to global stagnation of wages and lack of significant job growth. He spoke at The WorldPost Future of Work Conference. McAfee, co-author of The Second Machine Age, said that while other factors –- such as globalization and the rise of monopoly capitalism –- have contributed, technological progress since the computer revolution in the 1980s has been the biggest blow to wages and jobs.

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