The Technology Trap: Capital, Labor, and Power in the Age of Automation - Carl Benedikt Frey Audiobook
Shared by:micksuits
How the history of technological revolutions can help us better understand economic and political polarization in the age of automation
From the Industrial Revolution to the age of artificial intelligence, The Technology Trap takes a sweeping look at 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 reveals, the Industrial Revolution created unprecedented wealth and prosperity over the long run, but the immediate consequences of mechanization were devastating for large swaths of the population. Middle-income jobs withered, wages stagnated, the labor share of income fell, profits surged, and economic inequality skyrocketed. These trends, Frey documents, broadly mirror those in our current age of automation, which began with the Computer Revolution.
Just as the Industrial Revolution eventually brought about extraordinary benefits for society, artificial intelligence systems have the potential to do the same. But Frey argues that this depends on how the short term is managed. In the 19th century, workers violently expressed their concerns over machines taking their jobs. The Luddite uprisings joined a long wave of machinery riots that swept across Europe and China. Today’s despairing middle class has not resorted to physical force, but their frustration has led to rising populism and the increasing fragmentation of society. As middle-class jobs continue to come under pressure, there’s no assurance that positive attitudes to technology will persist.
The Industrial Revolution was a defining moment in history, but few grasped its enormous consequences at the time. 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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| Creation Date: | Tue, 13 Jul 2021 21:14:44 +0200 |
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This post has 11 comments with rating of 3.7/5
July 13th, 2021
Thank you for this!
July 13th, 2021
Thank you, books like this are important.
July 14th, 2021
Why is this being tagged as ” Sci-Fi?”
July 14th, 2021
A book cannot be both FICTION and NON-FICTION, it’s either one or another.
July 14th, 2021
@alnilam
A non-fiction book about a sci-fi subject? Like a ‘history of sci-fi pop culture’ or how ’sci-fi affected history and technology’ (E.E. “Doc” Smith’s sci-fi work affected real world military tech.) lol
Not that has anything to do with the book here, other than some speculation about the future based on historical precedents.
July 14th, 2021
> A non-fiction book about a sci-fi subject?
Regardless of the subject, this is still a non-fiction book.
FYI: on Audible it’s under ‘Computers & Technology’ and ‘Computer Science’, so where that “sci-fi” category even came from? https://www.audible.com/pd/The-Technology-Trap-Audiobook/0691193576
July 17th, 2021
Thank You.
July 25th, 2021
I found it in scifi.
I do like thinking about interesting things so I’ll check it out but I wonder how nice it would be if I was more ignorant.
July 27th, 2021
This book repeatability states that its trying to take a general look at the technical look and influences on history while admitting only to stick to only the western world.
He makes so many flat out statements which he contradicts in the very next sentence.
I was mostly listening to it as a case of double think but when we got to him talking about myself and what I think. Its easy to double think for other people and other nations but its not easy to double think for yourself.
July 29th, 2021
@Sivarttrt
You write like a ‘tard.
July 29th, 2021
@anusiam
So somebody tagged it wrong, the sky’s not falling in.
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