Description: Technology Trap : Capital, Labor, and Power in the Age of Automation, Paperback by Frey, Carl Benedikt, ISBN 0691210799, ISBN-13 9780691210797, Brand New, Free shipping in the US
"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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End Time: 2025-01-15T05:30:49.000Z
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Number of Pages: 488 Pages
Publication Name: Technology Trap : Capital, Labor, and Power in the Age of Automation
Language: English
Publisher: Princeton University Press
Item Height: 1 in
Publication Year: 2020
Subject: General, Economics / General, Labor, History
Type: Textbook
Item Weight: 18.8 Oz
Author: Carl Benedikt Frey
Item Length: 8 in
Subject Area: Technology & Engineering, Business & Economics
Item Width: 5.2 in
Format: Trade Paperback
