Race Against The Machine
by Erik Brynjolfsson · first published 2011
57% recommend43% neutral
Why HN recommends it
Short, data-backed analysis by two MIT economists of how automation affects jobs, income distribution and the wider economy; suits readers who want the evidence behind the technology-and-unemployment debate.
Summarised by Claude from recommending comments
Race Against the Machine is a non-fiction book from 2011 by Erik Brynjolfsson and Andrew McAfee about the interaction of digital technology, employment and organization. The full title of the book is: Race Against the Machine: How the Digital Revolution Is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy.
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…fuel further earnings and economic growth. There is an excellent, short book by a couple of MIT economists that analyzes the economics of modern automation and makes the case for guaranteed income. "Race Against The Machine," by Erik Brynjolfsson and Andrew McAfee.
on “Is It Nuts to Give to the Poor Without Strings Attached?” ↗The articles reference studies and books which have the data. See work by Ford, Autor, Acemoglu, Autor, Brynjolfsson. If you want to read just one thing which has plenty of data, read the book "Race against the machine" - they talk all about the studies used to come to their conclusions: http://raceagainstthemachine.com/
on “Stephen Hawking Says We Should Really Be Scared of Capitalism, Not Robots” ↗1. Race Against the Machine by Brynjolfsson and McAfee 2. The Second Machine Age by Brynjolfsson and McAfee 3. The Lights in the Tunnel by Martin Ford 4. Rise of the Robots by Martin Ford 5. Average is Over by Tyler Cowen…
on “Ask HN: Any good books on the economic impact of automation?” ↗This is a really awesome book that explains what that it is and how it might work. Race Against the Machine, by Erik Brynjolfsson, Andrew McAfee http://www.amazon.com/Race-Against-The-Machine-Accelerating-... It has some ideas on how to get from where we are to there. I think the philosophies of Race Against…
on “After Technology Destroys Capitalism” ↗"Race against the Machine" is actually a good book about the topic: "In Race Against the Machine, MIT's Erik Brynjolfsson and Andrew McAfee present a very different explanation. Drawing on research by their team at the Center…
on “AI, Robotics, and the Future of Jobs [pdf]” ↗The Lights in the Tunnel by Martin Ford Race Against The Machine by Erik Brynjolfsson and Andrew McAfee The War on Normal People by Andrew Yang
on “Ask HN: Best books you read in the past decade?” ↗…done for the first time is a human's domain. Everything else is either scripted and so zero marginal cost or is an anchor on your profitability. I can really recommend this book http://www.amazon.co.uk/Race-Against-The-Machine-ebook/dp/B0...
on “The 90 Day Plan” ↗…economy and cultural norms will need to undergo a paradigm shift, or wealth and power will be concentrated to the detriment of the majority of people without it. A much better book on these realities is "Race Against the Machine," which focuses just on the issue of automation without bringing these spurious claims that "free information" is the culprit: http://mxplx.com/reference/547/
on “Jaron Lanier: Free information, as great as it sounds, will enslave us all” ↗You can compare the hacker schools here: http://blog.bloc.io/comparing-hacker-schools -- if you're interested in learning about the economics, I'd recommend reading Race Against the Machine: http://www.amazon.com/Race-Against-The-Machine-ebook/dp/B005.... One of our students was just hired, and we've got another who just graduated on sponsorship from another well known startup as part of…
on “Learn to code in 8 weeks with Bloc, an online bootcamp for would-be developers” ↗Deep work by Cal Newport, great book on how to develop intense focus to be creative/get more done. Highly recommended. Race Against The Machine - a concise and informative discussion of the impact of technology on employment, income distribution and macro economics. Highly recommended as well.
on “Ask HN: Books you read in 2016?” ↗I found Eli Dourado's take on 'Race Against The Machine' quite an interesting analysis and somewhat related to this article http://elidourado.com/blog/technologies-of-control-and-resis... It's mainly how points of control incentivize some of these factors…
on “AI are taking jobs” ↗Relevant reading: Race Against the Machine (http://amzn.com/B005WTR4ZI) The Lights in the Tunnel (http://amzn.com/B002S0NITU)
on “Making It in America” ↗…is not going away, it's only going to increase. The ones with technical knowledge will continue to disproportionately receive money over those who don't. I think this person would really enjoy reading Race Against the Machine, written by two MIT researchers and economists. I have a guest post going up tomorrow on VentureBeat about this, but it's interesting to see people call him a scumbag because he has a technological edge…
on “Redditor: Am I a scumbag for automating my manual work and making more money?” ↗…was take. On massively across the board - and debt is what was revealed in the 2008 bust up - there was no where else to hide the debts and bang Not sure if its coherent analysis but interesting (read race against the machine)
on “Goldman Sachs and the Apple structured bond deal” ↗Brynjolfsson and McAfee deal with the stresses on societies to keep up with technology: http://www.amazon.com/Race-Against-The-Machine-ebook/dp/B005... Unfortunately, the rate of technological acceleration is increasing, and society is not able to keep up with even the current rate, viz. the huge numbers of unemployed workers with outdated…
on “America’s economy is once again reinventing itself” ↗