William Kyle Spratt's Reviews > Rise of the Robots: Technology and the Threat of a Jobless Future

Rise of the Robots by Martin Ford
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it was ok

Argues for larger taxes and a guaranteed income globally to combat the displacement of jobs due to technology. A lack of understanding of economics drives the author to this incorrect conclusion that taxes will create prosperity rather than individuals be responsible on acquiring new skills to adjust to the shift in jobs available. Author also cites incorrect statistics on productivity and wages and spends little time on the emergence of new technology and what the world will look like. I suggest he read economics in one lesson and then rewrite his book.
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Reading Progress

August 13, 2015 – Started Reading
August 13, 2015 – Shelved
August 13, 2015 – Shelved as: to-read
November 23, 2015 – Finished Reading

Comments Showing 1-2 of 2 (2 new)

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Felix Plum "..jobs available" - that's the issue, I guess. Sure you can commodify what's left, but I honestly don't see the point.

Daniel Martin Ford points out in the book that economics was invented to describe a world that is rapidly disappearing - the world in which technology is merely a tool to make human workers more productive (and you still need human workers to operate the tools). Now technology is getting good enough to make the tools more autonomous so human workers become less necessary. Once learning machines can learn new skills faster than human workers can learn them, then by the time a displaced worker retrains for the "jobs available," they are no longer available. That won't happen to all job categories overnight, but the trend is obvious.

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