[06:40.11]"the end of work", and wage decreases
[06:45.48]only serve to increase public anxiety
[06:50.44]a slow-motion variation of shouting "Fire!"in a crowded theater
[06:58.22]These alarming forecasts are largely simple projections
[07:05.06]of the past two or three decades of workplace trends.
[07:10.82]However, in the absence of plausible alternative explanations
[07:17.88]for the gloomy economic news of the past 15 — 20 years
[07:24.82]and the gloomier prospects implicit in the projections of those trends,
[07:32.20]industrial societies — fearful for the future
[07:37.86]might very well take backward steps.
[07:42.82]These steps will principally serve the interests of the economically dominant groups
[07:50.89]who want to protect their assets and resources
[07:56.25]from the forces of change.
[08:00.32]Nations that take such steps will lose balance.
[08:06.30]Social and economic progress will grind to a halt
[08:11.98]and more and more jobs will be eliminated
[08:17.13]by the negative side of this transformation.
[08:22.60]he anger and frustration displayed by people
[08:27.97]who do not understand what is happening to them
[08:32.72]will be a terrible and dangerous force in all the major industrial economies
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