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"Advanced technology often means that a smaller number of skilled people supply their services over a wider area, producing a 'winner-take-all' effect, where only the best do well, and these lucky few command enormous incomes. The invention of the phonograph did this for singers, and the invention of the motion picture did this for actors. Proliferating communications and information technology may do the same for many other occupations in the future."

Professor Robert Shiller in The Economist's article "Risk management for the masses." Mar 20th 2003

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