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That robots, automation, and software can replace people might seem obvious to anyone who's worked in automotive manufacturing. But MIT business scholars Erik Brynjolfsson and Andrew McAfee's claim is more troubling and controversial. They believe that rapid technological change has been destroying jobs faster than it is creating them.
They believe that technology increases productivity and makes societies wealthier, but it became clear to them that the same technologies making many jobs safer, easier, and more productive were also reducing the demand for many types of human workers. Technologies like the Web, artificial intelligence, and big data are automating many routine tasks. Countless traditional white-collar jobs, such as many in the post office and in customer service, have disappeared.
As evidence, Brynjolfsson and McAfee point to a chart on which separate lines represent productivity and total employment in the United States. For years after World War II, the two lines closely tracked each other, with increases in jobs corresponding to increases in productivity. Then, beginning in 2000, the lines diverge; productivity continues to rise steadily, but employment suddenly shrinks. By 2011, a significant gap appears between the two lines, showing economic growth with no parallel increase in job creation.
United States Productivity and Employment