Here are a couple of straws in the wind:
Private tutors are a luxury many American families cannot afford, costing anywhere between $25 to $100 an hour. But California mother Denise Robison found one online for $2.50 an hour -- in India. (Via Arnold).
Research from IBM has predicted that by 2015 there will be 90 per cent fewer traders employed by the top investment banks as they lose their jobs to computer systems.
This is interesting because for years the conventional view has been that technical change and globalization have increased demand for skilled workers and university graduates relative to unskilled workers and so increased wage inequality. But might the next round of technical change cut demand for skilled workers? Or was the conventional explanation wrong all along?