Part 7/16:
The post-World War II era introduced science and technology investments, which shifted economies toward service and knowledge sectors. The rise of computers and the information age created new industries, exemplified by the growth of IT and digital infrastructure jobs—many of which Shapiro himself held.
Throughout history, technology has destroyed some jobs but also created new sectors. His core argument is that the pattern of change is consistent: economic growth often involves the dismantling of outdated industries, replaced by innovative ones.