Rise of the Robots

http://krugman.blogs.nytimes.com/2012/12/08/rise-of-the-robots/?smid=tw-NytimesKrugman&seid=auto

If this is the wave of the future, it makes nonsense of just about all the conventional wisdom on reducing inequality. Better education won’t do much to reduce inequality if the big rewards simply go to those with the most assets. Creating an “opportunity society”, or whatever it is the likes of Paul Ryan etc. are selling this week, won’t do much if the most important asset you can have in life is, well, lots of assets inherited from your parents. And so on.