Peter Drucker Quotes
We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
Drucker, Peter F. "Beyond the Information Revolution." The Atlantic, Oct. 1999.
Technology has always displaced and replaced workers, but most industrial technological breakthroughs, in the long run, have created new jobs and better paid ones. What worried Gompers did not appear to materialize in his lifetime, but actually became and issue on the later years of the 20th century and the early 21st century where the computer the robot, and the sophisticated software began to replace workers at a faster rate than new opportunities were created. Gompers was one of the harbingers of things to come.
Peter Ferdinand Drucker was an Austrian management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation. He was also a leader in the development of management education, he invented the concept known as management by objectives and self-control, and he has been described as "the founder of modern management".