The wealth of humans
by Ryan Avent · first published 2016
3mentions
1recommended by
3HN commenters
2016–2018first – last mentioned
33% recommend67% neutral
"None of us has ever lived through a genuine industrial revolution. Until now. Digital technology is transforming every corner of the economy, fundamentally altering the way things are done, who does them, and what they earn for their efforts. In The Wealth of Humans, Economist editor Ryan Avent brings up-to-the-minute research and reporting to bear on the major economic question of our time: can the modern world manage technological changes every bit as disruptive as those that shook the socioeconomic landscape of the 19th century? Traveling from Shenzhen, to Gothenburg, to Mumbai, to Silicon
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The Wealth of Humans by Ryan Avent is worth a read to understand the current labour market.
on “Second-quarter US GDP growth revised up to 4.2 percent on software, trade” ↗Speaking of which, anyone read Ryan Avent's new book, "The Wealth of Humans" ( http://amzn.to/2i91FE4 ) ? Is it worthwhile?
on “People's underestimation of AI” ↗…your comment is possible: > Finally, it’s conceivable that the ostensibly tranquil and low-turbulence economy is masking something more disruptive underneath the surface. Ryan Avent, the author of The Wealth of Humans, has thought about this question deeply and offered a plausible explanation. In his telling, automation has created an abundance of labor, including machine labor and human labor. Just as rising supply…
on “So, Where Are All Those Robots?” ↗