# Comments on the future of employment from Professors Nouriel Roubini and Michael Spence at the World Economic Forum in Davos are highlighted

1 Faculty News January 22, 2016 ![MarketWatch logo](/sites/default/files/styles/246w/public/assets/images/marketwatch%20logo.jpg?itok=pHUVfozf)>

Excerpt from [MarketWatch](http://www.marketwatch.com/story/worlds-big-thinkers-weigh-in-on-robots-trump-and-the-coming-revolution-2016-01-22) -- "The NYU economist [Nouriel Roubini](http://www.stern.nyu.edu/faculty/bio/nouriel-roubini) says improvements in robotics and automation will boost productivity and efficiency, implying significant economic gains for companies. But this also means that many jobs — if not entire occupational categories — will become obsolete. ... ' By contrast, the Nobel laureate economist [Michael Spence](http://www.stern.nyu.edu/faculty/bio/a-michael-spence) and James Manyika of McKinsey are considerably more optimistic about a new era of employment opportunity. They reject 'fatalism,' which they believe assumes that we are powerless to harness what we create to improve our lives — and, indeed, our jobs.'"

[Read more](http://www.marketwatch.com/story/worlds-big-thinkers-weigh-in-on-robots-trump-and-the-coming-revolution-2016-01-22)