In the 21st century, there has been an increasingly popular concern that, robots will eat up labor share of income at an accelerating rate, leaving ordinary workers impoverished and unemployed. There has been a variant of this since the dawn of industrial revolution. Improvements in farming technology have been greeted with skepticism since ancient times for these motives. Mechanical contraptions for sewing and other task were decried as potentially ruinous to workers in other European nations. There is always a grain of truth to these complains because technological innovations inevitably displace some segment of staff. In general, the current technological

Every day thousands of workers find and lose jobs as businesses grow or close. Each new job found represents income for food, shelter, and education. Each job lost may represent giving up some or all of these basic necessities. When a global company decides to move its business operations overseas – a process called “off-shoring” – one country’s or worker’s loss of jobs may translate into another country’s or worker’s gain. The growing phenomenon known as off-shoring presents both benefits and challenges for the developed and developing world. What is Off-shoring? Imagine that the computer you are using has suddenly

1. Return to JFK: Two decades after Austrian Airlines launched its original, but unsuccessful transatlantic service to New York–a joint operation with Sabena Belgian World Airways inaugurated on April 1, 1969 with a Boeing 707-320 registered OE-LBA that made an intermediate stop in Brussels-it returned to the US on March 26, 1989, this time with an Airbus A-310-300 sporting registration OE-LAA. The occasion not only introduced intercontinental service to its route system, but a widebody aircraft with its first three-class cabin configuration to its fleet. Unlike the previous attempt, this one proved successful, but signaled the beginning of another two