Economics in The Office: Will New Technology Cost Accountants Their Jobs?
Ryan’s Dunder Mifflin Infinity can Automate their Work
In this video, we dive into a hilarious yet thought-provoking clip from The Office to explore the economic concept of structural unemployment. What happens when technology makes jobs like Kevin, Oscar's and Angela’s obsolete?
I’m joined again by Dan Kuester, Director of Undergraduate Studies at Kansas State University, to discuss Economics in The Office. In this video we will discuss the difference between structural, cyclical, and frictional unemployment. Discover real-world examples, from self-checkout lanes to self-driving trucks. Understand how industries evolve, like farming and even the orchestra pits of old silent movie theaters.