Notice bibliographique
- Notice
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181 .0 $6 01 $a i $b xxxe
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200 1. $a The technology trap $b Texte électronique $e capital, labor, and power in the age of automation $f Carl Benedikt Frey
214 .0 $a Princeton, NJ $c Princeton university press
214 .4 $d C 2019
215 .. $a 1 online resource (xiv-465 p.)
300 .. $a Bibliogr. p. 425-452
330 .. $a 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
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