Professor Michael Spence discusses the role public and private sectors need to play in helping people prepare for workforce changes
— April 30, 2018
Excerpt from McKinsey Global Institute -- "The other piece that I don’t think gets talked about enough is that the business side of this is really important. You can’t do this effectively—this is my judgment—if business thinks labor is just another input where the goal is to minimize costs, and you get rid of it when you can. That’s not the way it works in the societies and the economies that seem to be succeeding most with this."