I have no doubt that, as in many previous economic upheavals, certain sectors are going to be hit hard. On average, things improve, but if your particular job is taking a hit, it isn't much comfort.

You, and a lot of other white-collar workers, are now where the blue-collar assembly-line worker was a few decades back and manufacturing started moving around the world.

The combination of low-cost computers and the ability to transmit information cheaply worldwide is going to make a dent in U.S. employment for a lot of industries that use this kind of tech.

On the other hand, red-hot talent in the U.S. now also has easy access to the rest of the world, and this is not insignificant either.