Here is Scott Sumner at the Money Illusion.
Some pessimists worry that we are merely creating “McJobs” for the least skilled. Others worry that most of the new jobs require lots of skills, leaving the unskilled without good prospects. Most pessimists worry about both problems, even if it isn’t internally consistent. Just as pessimists worry that machines will take the place of workers in Japan, and that there won’t be enough young people to take care of the elderly.
