The Jobless Future

Business.

The New York Times-bestselling guide to how automation is changing the economy, undermining work, and reshaping our lives Winner of Best Business Book of the Year awards from the Financial Times and from Forbes "Lucid, comprehensive, and unafraid...;an indispensable contribution to a long-running argument."--Los Angeles Times What are the jobs of the future? How many will there be? And who will have them? As technology continues to accelerate and machines begin taking care of themselves, fewer people will be necessary. Artificial intelligence is already well on its way to making "good jobs" obsolete: many paralegals, journalists, office workers, and even computer programmers are poised to be replaced by robots and smart software. As progress continues, blue and white collar jobs alike will evaporate, squeezing working- and middle-class families ever further. At the same time, households are under assault from exploding costs, especially from the two major industries-education and health care-that, so far, have not been transformed by information technology. The result could well be massive unemployment and inequality as well as the implosion of the consumer economy itself. The past solutions to technological disruption, especially more training and education, aren't going to work. We must decide, now, whether the future will see broad-based prosperity or catastrophic levels of inequality and economic insecurity. Rise of the Robots is essential reading to understand what accelerating technology means for our economic prospects-not to mention those of our children-as well as for society as a whole.

Charting a major change in the nature of paid work in the United States.

Intelligent algorithms are already well on their way to making white collar jobs obsolete: travel agents, data-analysts, and paralegals are currently in the firing line. In the near future, doctors, taxi-drivers and ironically even computer programmers are poised to be replaced by ‘robots’. Without a radical reassessment of our economic and political structures, we risk the very implosion of the capitalist economy itself. In The Rise of the Robots, technology expert Martin Ford systematically outlines the achievements of artificial intelligence and uses a wealth of economic data to illustrate the terrifying societal implications. From health and education to finance and technology, his warning is stark – all jobs that are on some level routine are likely to eventually be automated, resulting in the death of traditional careers and a hollowed-out middle class. The robots are coming and we have to decide – now – whether the future will bring prosperity or catastrophe.

"The Jobless Future challenges beliefs in the utopian promise of a knowledge-based, high-technology economy. Reviewing a vast body of encouraging literature about the postindustrial age, Aronowitz and DiFazio conclude that neither theory, history, nor contemporary evidence warrants optimism about a technological economic order. Instead, they demonstrate the shift toward a massive displacement of employees at all levels and a large-scale degradation of the labor force." "As they clearly chart a major change in the nature, scope, and amount of paid work, the authors suggest that notions of justice and the good life based on full employment must change radically as well. They close by proposing alternatives to our dying job culture that might help us sustain ourselves and our well-being in a science- and technology-based economic future. One alternative discussed is reducing the workday to fewer hours without reducing pay."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

Humanity is on the verge of its darkest hour -- or its greatest moment The consequences of the technological revolution are about to hit hard: unemployment will spike as new technologies replace labor in the manufacturing, service, and professional sectors of an economy that is already struggling. The end of work as we know it will hit at the worst moment imaginable: as capitalism fosters permanent stagnation, when the labor market is in decrepit shape, with declining wages, expanding poverty, and scorching inequality. Only the dramatic democratization of our economy can address the existential challenges we now face. Yet, the US political process is so dominated by billionaires and corporate special interests, by corruption and monopoly, that it stymies not just democracy but progress. The great challenge of these times is to ensure that the tremendous benefits of technological progress are employed to serve the whole of humanity, rather than to enrich the wealthy few. Robert W. McChesney and John Nichols argue that the United States needs a new economy in which revolutionary technologies are applied to effectively address environmental and social problems and used to rejuvenate and extend democratic institutions. Based on intense reporting, rich historical analysis, and deep understanding of the technological and social changes that are unfolding, they propose a bold strategy for democratizing our digital destiny -- before it's too late -- and unleashing the real power of the Internet, and of humanity.

Could millions of jobs soon be eliminated by artificial intelligence and robots? From driverless cars to digital assistants, it seems the world of work is on the cusp of a technological revolution that is generating hopes and fears alike. But are the robots really knocking at the door? And what does all this mean for New Zealanders? In this far-sighted and lucid book, Kinley Salmon explores the future of work in New Zealand. He interrogates common predictions about a jobless future and explores what might happen to workers in New Zealand as automation becomes more widespread. This book also asks big questions about the power we have to shape technological progress and to influence how robots and artificial intelligence are adopted. It sketches out two bold alternative futures for New Zealand – and suggests what it might take, and what we might risk, to pursue each of them. It is time, Salmon argues, to start debating and choosing the future we want for New Zealand.

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.