[PDF] The Technology Trap: Capital, Labor, and Power in the Age of Automation download

The Technology Trap: Capital, Labor, and Power in the Age of Automation. Carl Benedikt Frey

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ISBN: 9780691210797 | 488 pages | 13 Mb

• The Technology Trap: Capital, Labor, and Power in the Age of Automation
• Carl Benedikt Frey
• Page: 488
• Format: pdf, ePub, fb2, mobi
• ISBN: 9780691210797
• Publisher: Princeton University Press

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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 labor 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.

The Technology Trap: Capital, Labor, and Power in the Age of
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1 quote from The Technology Trap: Capital, Labor, and Power in the Age of Automation: 'Computer-controlled machines have eliminated precisely the jobs cr Books similar to The Technology Trap: Capital, Labor, and
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"The Technology Trap" is a fascinating book on technology, jobs, and social structure. The basic idea is that automation has destroyed millions of  Book Review: The Technology Trap: Capital, Labour and
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