"I have very complex and complicated ideas about technology. It's such a prominent way that we communicate with each other. In ways, I think it's really positive, and in ways, I think it's really negative."

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At the risk of some oversimplification, if the skill composition of our work force meshed fully with the needs of our increasingly complex capital-stock, wage-skill differentials would be stable, and the percentage changes in wage rates would be the same for all job grades.

— Alan Greenspan