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The Technology Trap - Capital, Labor, and Power in the Age of Automation (Paperback)
Loot Price: R416
Discovery Miles 4 160
You Save: R118
(22%)
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The Technology Trap - Capital, Labor, and Power in the Age of Automation (Paperback)
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Was R534
Loot Price R416
Discovery Miles 4 160
You Save R118 (22%)
Expected to ship within 12 - 17 working days
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"Made me look at the industrial revolution, invention, sleeping
beauties, contexts and the forces that shape our societies
differently."-David Byrne, New York Times Book Review 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.
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