There may be some losers as well as winners. And those who lose their jobs to the new technology will soon find other employment, says Martin Feldstein.
Americans are lucky they have inherited the innovations of the past.
The Federal Reserve must now ensure that higher inflation doesn't derail the US recovery.
Although there are serious risks facing the US economy in the coming year, there is also a good chance that growth will be substantially stronger than it has been since before the recession began.