A World Without Work
Technology, Automation, and How We Should Respond
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- $11.99
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- $11.99
Publisher Description
SHORTLISTED FOR THE FINANCIAL TIMES & MCKINSEY 2020 BUSINESS BOOK OF THE YEAR
One of Fortune Best Books of the Year
One of Inc. Best Business Books of the Year
One of The Times (UK) Best Business Books of the Year
A New York Times Book Review Editors’ Choice
From an Oxford economist, a visionary account of how technology will transform the world of work, and what we should do about it
From mechanical looms to the combustion engine to the first computers, new technologies have always provoked panic about workers being replaced by machines. For centuries, such fears have been misplaced, and many economists maintain that they remain so today. But as Daniel Susskind demonstrates, this time really is different. Breakthroughs in artificial intelligence mean that all kinds of jobs are increasingly at risk.
Drawing on almost a decade of research in the field, Susskind argues that machines no longer need to think like us in order to outperform us, as was once widely believed. As a result, more and more tasks that used to be far beyond the capability of computers – from diagnosing illnesses to drafting legal contracts, from writing news reports to composing music – are coming within their reach. The threat of technological unemployment is now real.
This is not necessarily a bad thing, Susskind emphasizes. Technological progress could bring about unprecedented prosperity, solving one of humanity’s oldest problems: how to make sure that everyone has enough to live on. The challenges will be to distribute this prosperity fairly, to constrain the burgeoning power of Big Tech, and to provide meaning in a world where work is no longer the center of our lives. Perceptive, pragmatic, and ultimately hopeful, A World Without Work shows the way.
PUBLISHERS WEEKLY
A thorough and sobering look at automation and the depreciation of human labor arrives from Oxford economics fellow Susskind (The Future of the Professions, coauthor). It turns on an important question: will there be enough work to employ people throughout the 21st century? Sorry but no, Susskind concludes; machines can't do everything, but they can do much more than they're doing currently, and will inevitably displace many more workers. He isn't in despair, however, as he has some possible remedies in mind. Before dispensing them, he briskly covers the rise of artificial intelligence, the social problems raised by economic inequality, and the efficacy of education for protecting economically insecure workers, which he finds more limited than optimists would have people think. Susskind then posits what he believes are more effective long-term responses, including increased government intervention into the free market, targeted tax incentives for employers, and strengthened regulation aimed at changing the behavior of big technology companies. This dense but lively investigation is not for the reader who wants an easy dinner-party answer, but the curious worrier or the skeptic who wants to understand the theory behind the machines will want to take a look.