Submitted this mostly for this bit of insight:<p><i>If technology is constantly creating new jobs, why aren't we seeing more employment and wage growth? Bessen argues that many workers today face the same problem textile workers faced in 1845: until technology is standardized, it's difficult to profit from investments in new skills.<p>Early textile companies built their looms in slightly different ways, and they were constantly tinkering with them. These differences made job-hopping difficult. Someone who had mastered one company's equipment wouldn't necessarily be more productive at other mills in town.</i>