A 2017 survey by McKinsey & Company about technology and the future of work showed that people are feeling increasingly gloomy about the future and believe that the next generation will enjoy a lower quality of life. Up to 45 percent of the working-age population globally may be “underutilized,” which is defined as “unemployed, inactive, or underemployed.” Wages have been stagnant for decades; social scientists have different theories as to why.

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