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Gates sees software replacing people; Greenspan calls for more H-1Bs

Patrick Thibodeau | March 17, 2014
Bill Gates and Alan Greenspan, in separate forums here, offered outlooks and prescriptions for fixing jobs and income.

In the context of income inequality, Greenspan put the H-1B program in his light: If the program were expanded, income wouldn't necessarily go down much, "but I bet up they would go down enough to really make an impact, because income inequality is a relative concept. People who are absolutely at the top of the scale in say 1925 would be getting food stamps today," said Greenspan.

"You don't have to necessarily bring up the bottom if you bring the top down," said Greenspan.

 

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