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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Cary Salsberg who wrote (7596)	10/17/2003 1:56:49 PM
From: Bookdon	Read Replies (2) \| Respond to of 25522

Many jobs that we once thought of as requiring a very high level of education cease to be so, at some point. Once knowledge advances to the level where diagnosing from an x-ray can be done with great assurance, that information can be easily taught. This teaching can be to lower waged (lower valued) techcian/doctor, or to a machine (an image can be analyzed by a machine or computer program), depending upon which is more productive. The "high level" job then becomes one in which the development of the diagnostic algorithm is the value-added target, rather than the experience-based diagnosis itself. In the 100-year analogy of moving from an agricultural economy to a manufacturing economy, first the successful farmer was the high-value job, then the tractor manufacturer. Now it is the bioengineer.