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"When the industrial revolution happened there was the Luddistic movement, and there was a fear that machinery would replace all the labor. Whenever we had a technological revolution we had this fear. So if you look backwards, these fears were not justified, and I think they were driven by our very human inability to visualize what new jobs will be created by this new technology."

— Branko Milanovic
branko milanovic Quotes Technological,New Technology,Backwards

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Branko Milanovic
Technological
New Technology
Backwards
Industrial Revolution
New Job
Justified

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You try and imagine what it must have been like to first see something moving on a screen. It must have blown your mind, because up to then life went by and there was no way to capture it. You could only get one instant and you didn't get the movement. So it's like having a bit of control over time really, because it's happening in real time or what seems to be real time, and then you can play it backwards and you can watch things again and again.

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