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9780691287331 68d68043ec4525f96b87feb8 The Technology Trap Capital, Labor, And Power In Age Of Automation https://www.midlandbookshop.com/s/607fe93d7eafcac1f2c73ea4/68d68044ec4525f96b87fec0/81k4itye1ol-_sy466_.jpg

How the history of technological revolutions can help us better understand economic and political polarization in the age of automation the technology trap is a sweeping account of the history of technological progress and how it has radically shifted the distribution of economic and political power among society's members. As Carl benedikt Frey shows, the industrial Revolution created unprecedented wealth and prosperity over the long run, but the immediate consequences of Mechanization were devastating. Middle-income jobs withered, wages stagnated, the lab or share of Income fell, profits surged, and economic inequality skyrocketed. These trends broadly mirror those in our current age of automation. But, just as the industrial Revolution eventually brought about extraordinary benefits for society, artificial intelligence systems have the potential to do the same. The technology trap demonstrates that in the midst of another technological revolution, the lessons of the past can help us to more effectively face the present.

 

Review

"[The Technology Trap] is a reminder that the future of work depends on policy choices. It is well worth reading."---Ravi Venkatesan, Book Review Literacy Trust

"Frey’s story is well argued and-at times-deeply alarming."-John T
9780691287331
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The Technology Trap Capital, Labor, And Power In Age Of Automation

The Technology Trap Capital, Labor, And Power In Age Of Automation

ISBN: 9780691287331
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Details
  • ISBN: 9780691287331
  • Author: Carl Benedikt Frey
  • Publisher: Princeton University Press
  • Pages: 488
  • Format: Paperback
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Book Description

How the history of technological revolutions can help us better understand economic and political polarization in the age of automation the technology trap is a sweeping account of the history of technological progress and how it has radically shifted the distribution of economic and political power among society's members. As Carl benedikt Frey shows, the industrial Revolution created unprecedented wealth and prosperity over the long run, but the immediate consequences of Mechanization were devastating. Middle-income jobs withered, wages stagnated, the lab or share of Income fell, profits surged, and economic inequality skyrocketed. These trends broadly mirror those in our current age of automation. But, just as the industrial Revolution eventually brought about extraordinary benefits for society, artificial intelligence systems have the potential to do the same. The technology trap demonstrates that in the midst of another technological revolution, the lessons of the past can help us to more effectively face the present.

 

Review

"[The Technology Trap] is a reminder that the future of work depends on policy choices. It is well worth reading."---Ravi Venkatesan, Book Review Literacy Trust

"Frey’s story is well argued and-at times-deeply alarming."-John T

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