Race Against the Machine is a non-fiction book from by Erik Brynjolfsson and Andrew McAfee about the interaction of digital technology, employment and . and Irreversibly Transforming Employment and The Economy. Erik Brynjolfsson. Director, MIT Center for Digital Business. Andrew McAfee. Race Against The Machine. Erik Brynjolfsson. Director, MIT Center of Digital Business All Profits After Tax. Copyright (c) Erik Brynjolfsson and Andrew McAfee.
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The answer is simple. The book makes the case that employment prospects are grim for many today not because there’s been technology has stagnated, but instead because we humans and our organizations aren’t keeping up.
Race Against The Machine
Read reviews that mention race against the machine brynjolfsson and mcafee must read moores law digital revolution erik brynjolfsson half of the chessboard andrew mcafee brynjolfsson and andrew well written thought provoking chessboard industrial revolution artificial intelligence lights in the tunnel technological unemployment great recession second half exponential growth worth reading. An interesting book that explores the effects of current and future technologies and hte innovations on job adnrew and income inequality.
If you read only one book on technology in the next 12 months, it should be this one. Want to Read saving….
Geeft ook een bijkomend inzicht over de oorzaken van de stijgende concentratie van rijkdom en inkomens ongelijkheid. However, whatever your feeling on the matter, this book is worth reading if only to challenge your assumptions on what is happening with the US and world economies.
I remember being similarly optimistic about the promise of machjne back in They take the example of chess. Nov 18, Nils rated mcafeee really liked it Shelves: For entrepreneurship, make it easier to start businesses good and streamline burdensome regulations sounds great, but these sorts of bullet points are always too vague.
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Workers whose skills have been mastered by computers have less to offer the job market, and see their wages and prospects shrink. So, going back to the race between brains and technology, is there any hope for humans?
Oct 06, Fang rated it it was amazing. Or does a reduction of total man-hours of work required by humans mean everyone gets a shorter workweek while still getting a good income.
Additionally, the corporate use of equipment and software is increasing faster than the rate than employment. Entrepreneurial business models, new organizational structures and different institutions are needed.
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This technology-driven economic transition will give rise to ever growing inequalities which calls for political change. Third, this whole story provides limited insight for the non-Western world. I like the last chapter on how to solve the issues. They compare this phenomena to the ancient tale of the origins of the Chessboard. This book seems to carry mcafe within a topical vacuum, but in reality the subject matter certainly does not. In freestyle chess, the grandmasters are at a marked disadvantage.
This is an excellent short book about one of the most pressing social problems of our time, namely, the technologically-drive end of work. It’s not like people make a tremendous amount at places like Etsy, and Ebay shows the dangers of a place saturated.
Oh, barring the classic military coup, things are sure to crash sooner or later if inequality gets too severe, but that thought is a like burning trashcan where I just can’t seem to warm my hands. Jun 01, Shalini Sinha rated it liked it Shelves: The advent of computers, software, robots, artificial machune, and web based software platforms has affected just about every field blue and white collar service industries included.
Automation and Usor either of Jaron Lanier’s books. Many of these implications are positive; digital innovation increases productivity, reduces prices sometimes to zeroand grows the overall economic pie. This book posits an explanation for all of those phenomena, and more. The computer-assisted ideal and entrepreneurship are slightly better, but the former really would just make a flood of people in a drastically saturating field of small artisanal businesses.
The premise of the book is that it is the speed of the advance of technology which has caused and is causing mass unemployment.
Race against the machine is one of the earlier books which analyzes the influence of recent technological developments on economy and job market.
And, even if politically feasible you still have to wonder on a nationwide basis how effective these recommendations would be in materially bending the curve so that more individuals can metamorphose themselves from victim of technology holding brybjolfsson that race against the machine into beneficiary of technology quantitative jobs that race with the machine.
As the authors came ajdrew this conclusion, they looked around to see if anyone else had begun to machune this trend. How will we keep advancing in racf, building bigger storage-cities in the deserts of California when fossil fuels are no longer around to keep it all buzzing? The authors’ argument is not a single factor argument — technological change is neither inherently bad nor the sole culprit in the extended unemployment and growing wage gap in the recent recession.
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Race Against The Machine by Erik Brynjolfsson
Feb 08, Luke Echo rated it it was ok. With the election of Trump in no small measure as a result of a political backlash by the people most affected by the technological trends outlined here, we see the urgency of the matter clearly. The book mcfaee some of the issues of technology, automation and employment. Legal aids, radiologists, journalists, truck drivers, research assistants, retail workers and many more are all going to have diminishing prospects in the coming years, some sooner than others.
Race Against The Machine: It’s possible to think that the gains from technological progress will tend to only accrue to a few, but that this is really a policy choice driven by plain old class politics rather than something inherent to the iEconomy.
Given the advancement of technology, the authors have several recommendations for policymakers in the United States to increase economic prosperity, including: