Eric Schmidt: Education is key to the jobs of the future

12/12/2012 | New York Times (tiered subscription model), The

People have to learn to "outrace the robots" for the best-paying jobs in the future, Google Chairman Eric Schmidt said Wednesday. Robots will someday replace the cheap labor in China's factories, and highly trained personnel will be needed to install and maintain those robotics, he noted. "Given the trends of globalization, automation and demographics, there will definitely be a small number of people who will be very prosperous," Schmidt said.

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