Download or read book The Technology Trap written by Carl Benedikt Frey and published by Princeton University Press. This book was released on 2020-09-22 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Industrial Revolution to the age of artificial intelligence, Carl Benedikt Frey offers 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 the author shows, 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.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. Benedikt Frey demonstrates that in the midst of another technological revolution, the lessons of the past can help us to more effectively face the present. --From publisher description.

Download or read book Automation Innovation and Work written by Jon-Arild Johannessen and published by Routledge. This book was released on 2020-03-11 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial intelligence will not necessarily create a super-intelligent “human robot”; however, it is very probable that intelligent robots and intelligent informats will bring about a form of super-globalization, in which money and goods are prioritized over people and democracy and where the widespread use of casual labour – that is, short-term contracts – will become the most common form of employment relationship. It is also very likely that artificial intelligence will bring about what is known as singularity. This term is used to describe a situation where intelligent robots, from a rational and logical perspective, are smarter than humans, i.e. the development of AI. This book explores the impact that these intelligent robots and intelligent informats will have on social and societal development. The author tackles the question of singularity from three distinct standpoints: technological singularity – the intelligence of machines compared to that of humans – which he argues will bring about a qualitatively new labour market; economic singularity – the consequences for work relationships, value creation and employment – which he asserts will promote full automation, result in precarious contracts with low salaries, and, in some countries, possibly lead to the introduction of a universal basic income; and social singularity – the consequences of technological and economic singularity for democratic processes, bureaucratic procedures for exercising authority and control, and the direction in which society will develop, in addition to the emergence of new social institutions – which Johannessen says will promote a transition from representative democracy to genuine democracy. The book will appeal to academics, researchers and students of economic sociology and political economy, as well as those focusing upon the emerging innovation economy. It will also find an audience among professionals and policymakers keen to understand the impact the Fourth Industrial Revolution will have on organizations, individuals and society at large.

Download or read book Report of the Commission on Automation and Technological Progress written by Illinois. Commission on Automation and Technological Progress and published by . This book was released on 1967 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Chasing Automation written by Jerry Prout and published by Cornell University Press. This book was released on 2022-07-15 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chasing Automation tells the story of how a group of reform-minded politicians during the heyday of America's industrial prowess (1921–1966) sought to plan for the technological future. Beginning with Warren G. Harding and the Conference he convened in 1921, Jerry Prout looks at how the US political system confronted the unemployment caused by automation. Both liberals and conservatives spoke to the crucial role of technology in economic growth and the need to find work for the unemployed, and Prout shows how their disputes turned on the means of achieving these shared goals and the barriers that stood in the way. This political history highlights the trajectories of two premier scientists of the period, Norbert Wiener and Vannevar Bush, who walked very different paths. Wiener began quietly developing his language of cybernetics in the 1920s though its effect would not be realized until the late 1940s. The more pragmatic Bush was tapped by FDR to organize the scientific community and his ultimate success—the Manhattan Project—is emblematic of the technological hubris of the era. Chasing Automation shows that as American industrial productivity dramatically increased, the political system was at the mercy of the steady advance of job replacing technology. It was the sheer unpredictability of technological progress that ultimately posed the most formidable challenge. Reformers did not succeed in creating a federal planning agency, but they did create a enduring safety net of laws that workers continue to benefit from today as we face a new wave of automation and artificial intelligence.

Download or read book The Technology Trap written by Carl Benedikt Frey and published by Princeton University Press. This book was released on 2019-06-18 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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 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 shows, 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 nineteenth 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.

Download or read book Technological Progress Artificial Intelligence and Inclusive Growth written by Mr. Anton Korinek and published by International Monetary Fund. This book was released on 2021-06-11 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in artificial intelligence and automation have the potential to be labor-saving and to increase inequality and poverty around the globe. They also give rise to winner-takes-all dynamics that advantage highly skilled individuals and countries that are at the forefront of technological progress. We analyze the economic forces behind these developments and delineate domestic economic policies to mitigate the adverse effects while leveraging the potential gains from technological advances. We also propose reforms to the global system of governance that make the benefits of advances in artificial intelligence more inclusive.

Download or read book Automation and Economic Progress written by United States. National Commission on Technology, Automation, and Economic Progress and published by . This book was released on 1966 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Background papers and summary of the Report of the U.S. National Commission on Technology, Automation and Economic Progress, established in January, 1965.

Download or read book Progress Without People written by David F. Noble and published by Between The Lines. This book was released on 1995 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is there anything in common between the age of automation now upon us and the first industrial revolution long ago (circa 1790-1840)? Yes. Both surged ahead with technical progress and production, and eliminated jobs without jobs for the workers. Both claimed that technological progress was inevitable and would automatically put things right. In this respect, the age which first established factories and the age with automates them are alike. We know that the job-killing of the late 18th and early 19th centuries hurt both the cottage workers, and the communities in which men and women lived and which depended on them, and a system of production that extended far beyond pelle like handloom weavers. We know that jobs in the new mechanized industry, to compare with the old, did not multiply for a generation. We know that the workers defended themselves by direct attacks on the new looms and machines intended for factory use. These movements came to be known as Luddism. It is this subject area that David F Noble goes to immediately in order to provide a detailed analysis of the effect of automation in its mechanized and computerized forms. As a historian of technology, he knows, for example, how history has been distorted so that the term Luddie can be used to target any who try to save their jobs or control the condition of life in their immediate work areas, on idustrial, office, retail or service jobs. [Eric Hobsbawm] A wonderfully erudite, lengthy polemic against the machine, with a foreword by Stan Weir. "Today, when respectable discourse still requires euphemistic substitutes for 'capitalism', it is difficult to remember that this term was itself a euphemism of sorts, a polite anddignified substitute for greed, extortion, coercion, domination, exploitation, plunder, war, and a murder. This was the list of grievances compiled by the Luddite

Download or read book The Work of the Future written by David H. Autor and published by MIT Press. This book was released on 2022-06-21 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the United States lags behind other industrialized countries in sharing the benefits of innovation with workers and how we can remedy the problem. The United States has too many low-quality, low-wage jobs. Every country has its share, but those in the United States are especially poorly paid and often without benefits. Meanwhile, overall productivity increases steadily and new technology has transformed large parts of the economy, enhancing the skills and paychecks of higher paid knowledge workers. What’s wrong with this picture? Why have so many workers benefited so little from decades of growth? The Work of the Future shows that technology is neither the problem nor the solution. We can build better jobs if we create institutions that leverage technological innovation and also support workers though long cycles of technological transformation. Building on findings from the multiyear MIT Task Force on the Work of the Future, the book argues that we must foster institutional innovations that complement technological change. Skills programs that emphasize work-based and hybrid learning (in person and online), for example, empower workers to become and remain productive in a continuously evolving workplace. Industries fueled by new technology that augments workers can supply good jobs, and federal investment in R&D can help make these industries worker-friendly. We must act to ensure that the labor market of the future offers benefits, opportunity, and a measure of economic security to all.

Download or read book Automation and Technological Change written by John Thomas Dunlop and published by . This book was released on 2012-03-01 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Shifting Paradigms written by Zia Qureshi and published by Brookings Institution Press. This book was released on 2022-01-11 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the big questions about how technological change is transforming economies and societies Rapid technological change—likely to accelerate as a consequence of the COVID-19 pandemic—is reshaping economies and how they grow. But change also causes disruption, creates winners and losers, and produces social stress. This book examines the challenges of digital transformation and suggests how creative policies can make it more productive and inclusive. Shifting Paradigms is the second book on technological change produced by a joint research project of the Brookings Institution and the Korea Development Institute. Contributors are experts from the United States, Europe, and Korea. The first volume, Growth in a Time of Change, was published by Brookings in February 2020. The book's underlying thesis is that the future is arriving faster than expected. Long-accepted paradigms about economic growth are changing as digital technologies transform markets and nearly every aspect of business and work. Change will only intensify with advances in artificial intelligence and other innovations. Investors, business leaders, workers, and public officials face many questions. Is rising market concentration inevitable with the new technologies or can their benefits be more widely shared? How can the promise of FinTech be captured while managing risks? Should workers fear the new automation? Are technology-driven shifts in business and work causing income inequality to rise? How should public policy respond? Shifting Paradigms addresses these questions in an engaging manner for anyone interested in understanding how the economic and social agenda is being transformed by today's winds of change.

Download or read book Automation and Technological Change written by Battelle Memorial Institute and published by . This book was released on 1963 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conference report on a meeting to examine social implications of technological change in the USA - covers aspects of automation and innovation, the impact of technological change on education and business management, uses of computers, cybernetics, etc. Conference held in columbus 1963 may 1 to 11.

Download or read book Technological Systems and Economic Performance The Case of Factory Automation written by B. Carlsson and published by Springer Science & Business Media. This book was released on 1995-07-31 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1987 the Swedish National Board for Technical Development (STU, later becoming the Swedish National Board for Industrial and Technical Development, NUTEK) initiated a study of Sweden's Technological Systems and Future Development Potential. A comprehensive, interdisciplinary study was envisioned, yielding not only useful insight but also a permanent competence base for future analyses of technological systems and technology policy in Sweden. Three leading Swedish research institutes were invited to participate: the Industrial Institute for Economic and Social Research in Stockholm, the Department ofIndustrial Management and Economics at Chalmers University of Technology in Gothenburg, and the Research Policy Institute at the University of Lund. I was invited to direct the project. The project group decided to focus initially on a particular technological system, namely factory automation, to be followed by similar studies of other systems. Numerous publications have resulted from the project thus far. The current volume represents a summary of our work on factory automation. It consists of several original essays and of some previously published papers which have been edited, in some cases substantially, in order to form a comprehensive and coherent picture of a technological system. To our knowledge, this is the first in-depth analysis of a technological system designed as a component of a systematic study of technological systems more generally. At the time of this writing, three further studies on electronics and computers, pharmaceuticals, and powder technology are under way, to be published in a later volume.

Download or read book The Economics of Artificial Intelligence written by Ajay Agrawal and published by University of Chicago Press. This book was released on 2024-03-05 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.

Download or read book Chasing Automation written by Jerry Prout and published by Cornell University Press. This book was released on 2022-07-15 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chasing Automation tells the story of how a group of reform-minded politicians during the heyday of America's industrial prowess (1921–1966) sought to plan for the technological future. Beginning with Warren G. Harding and the Conference he convened in 1921, Jerry Prout looks at how the US political system confronted the unemployment caused by automation. Both liberals and conservatives spoke to the crucial role of technology in economic growth and the need to find work for the unemployed, and Prout shows how their disputes turned on the means of achieving these shared goals and the barriers that stood in the way. This political history highlights the trajectories of two premier scientists of the period, Norbert Wiener and Vannevar Bush, who walked very different paths. Wiener began quietly developing his language of cybernetics in the 1920s though its effect would not be realized until the late 1940s. The more pragmatic Bush was tapped by FDR to organize the scientific community and his ultimate success—the Manhattan Project—is emblematic of the technological hubris of the era. Chasing Automation shows that as American industrial productivity dramatically increased, the political system was at the mercy of the steady advance of job replacing technology. It was the sheer unpredictability of technological progress that ultimately posed the most formidable challenge. Reformers did not succeed in creating a federal planning agency, but they did create a enduring safety net of laws that workers continue to benefit from today as we face a new wave of automation and artificial intelligence.

Download or read book The Benefits and Problems Incident to Automation and Other Technological Advances written by United States. President's Advisory Committee on Labor-Management Policy and published by . This book was released on 1962 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Automation and Technological Change written by United States. Congress. Joint Economic Committee and published by . This book was released on 1955 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt: