The 3 bears have something to teach us about digital disruption and jobs.
If you remember, the story has examples of things that Goldilocks tried and tested until she made the right choice – too hot, too cold, too hard, too soft, too big, too small and then just right. All in the house of a Daddy bear, Mummy bear and Baby bear.
Should government be putting taxpayer money into big businesses (Daddy bear), startups (Baby bear) or scaleups (Mummy bear) to create jobs?
The government is planning to invest money in big businesses through tax cuts.
Big businesses don’t employ new people. The people are already there. Big businesses already grew. During the growth phase they employed new people. Sometimes lots of them. But that phase is finished.
And once a big business has been a big business for a few years, everything is about sustainability and maintenance…maintaining everything that allowed the business to get big in the first place. No innovation. Just more of the same.
Somebody leaves. They are replaced. New technology comes in that makes the business more efficient. People are made redundant.